TechFlow news, on December 28, crypto analyst Plan C posted on X stating that although Bitcoin hit a new all-time high in USD terms in 2025, it actually closed the year down. Moreover, Bitcoin's price traded sideways around $100,000 for most of the year, significantly underperforming assets such as silver, gold, and the S&P 500 index. Therefore, even though most people may classify 2025 as a bull market according to the classic definition, fundamentally speaking, this year should be considered a "hidden bear market."
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