Why do we say that 2025 will be a major bull market for cryptocurrencies?

My judgment on the trend of BTC is that the traditional four-year bull and bear cycle is no longer present, replaced by a super slow bull market of ten years,

1. Two major players, MicroStrategy and ETF, hold a total of 1 million bitcoins. From a drop of 110,000 to over 70,000, 95% of their BTC is still held, clearly indicating a long-term holding intention to combat inflation. This is the main reason why it won't drop below 70,000 in the short term.

2. All technical indicators support a 50% drop in BTC. Altcoins are at their ankles, BTC is not falling, and if it doesn’t drop, it must rise; the bull market is not over.

3. The CEO of BlackRock said that the next ten years will be a net adoption period for Bitcoin. Institutional positions in Bitcoin are extremely low, averaging below 1%, and they are slowly building positions at lower prices, which aligns with the inference that the bull market is still ongoing.

4. BTC's current bull market has risen little, and during corrections, it naturally falls less. This is the kind of Bitcoin that Wall Street wants to see, a slow bull similar to U.S. stocks.

5. Bitcoin should reach 200,000 to 250,000 this year or next year.

6. The essence of the altcoin bull market is purely driven by capital. Investors profit from Bitcoin, sell it at high prices, and when the funds have nowhere to go, they flow into low-volatility altcoins and new coin markets. However, this time, Bitcoin's rise to 110,000 resulted in lower profits compared to the past, so less capital flowed into altcoins, leading to last year's brief surge in altcoins followed by a bear market.

7. It can be anticipated that when Bitcoin reaches 150,000 to 200,000, capital will continue to flow into altcoins after high-position closures, driving altcoins to form high-multiple bull markets as in the past.

Next comes the opportunity; short-term operations will suffice.