Deep Dive Special: Bear Thesis vs Bull Thesis Examined

Bitcoin News Digest Special Reports & Debates · Nov 30, 2025 · 25m

The team provides a detailed discussion analyzing the Bitcoin market correction in November 2025 following a new all-time high of approximately $126,000, questioning if this volatility signals a permanent cycle termination or a temporary mid-cycle reset. Arguments for the bear case hinge on evidence of diminishing returns and acceleration in cycle timing, suggesting the bull run may have ended prematurely. However, the conclusion supports the continuation thesis (65% probability), arguing that the reported ETF outflows are not true institutional selling but rather the mechanical unwinding of…