Source: CryptoNewsNet
Original Title: In 2025, bitcoin showed how spectacularly wrong price forecasts can be
Original Link:
2025 is drawing to an end with few crypto market stories more dramatic than the Oct. 10 “flash crash,” when bitcoin plunged $12,000, or nearly 10%, in minutes. The meltdown triggered more than $19 billion in liquidations in just 24 hours, followed by a trader-circulated “cascade warning” and a staggering $500 billion wiped from total crypto market capitalization.
That set the scene for an extended slide that’s seen the largest cryptocurrency drop to more than 30% below the peak value it set just six days earlier. This painful drop is likely to leave it posting the first full-year loss since the crypto winter of 2022.
The year began on a more optimistic note, with bitcoin price predictions ranging from dream-like fantasies to more conservative targets that, at times, seemed within reach. Then it all changed after the Oct. 10 crash. Many predictions, from seasoned analysts to outspoken evangelists, shared one thing in common: They didn’t age well.
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MevHunter
· 8h ago
Wow, that October crash was really incredible. All the predictions from big V influencers at the beginning of the year were completely shattered, haha.
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MemeTokenGenius
· 8h ago
The October flash crash was really incredible; predictions have become a joke haha
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SatoshiHeir
· 8h ago
It should be pointed out that these "analysts'" price prediction models are essentially applying fiat thinking to Bitcoin—which precisely discredits their understanding of Satoshi Nakamoto's white paper. On-chain data shows that every flash crash is an excellent lesson in whale wash trading.
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Laughing again at another round of "expert predictions" failing spectacularly. Clearly, the logic behind the October flash crash is far more complex than what they claim about technical analysis.
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Gentlemen, listen to me: price fluctuations are inherently part of Bitcoin's consensus mechanism, not a flaw. Those trapped retail investors should have realized this long ago—undoubtedly, you can never outsmart on-chain smart contracts.
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Returning to the technical fundamentals based on the white paper, history always repeats itself. They said the same in 2017, and it was true in 2013 as well. I suggest some remedial lessons.
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The so-called "predictions"? Just astrology in the fiat world transplanted into the crypto space. Wake up, everyone.
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SnapshotDayLaborer
· 8h ago
Forecasting this thing is like guessing a coin flip... no matter how detailed the analysis is, it's all in vain.
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FlippedSignal
· 9h ago
Haha, predictions are all just paper; dumping is for real gold and silver.
In 2025, bitcoin showed how spectacularly wrong price forecasts can be
Source: CryptoNewsNet Original Title: In 2025, bitcoin showed how spectacularly wrong price forecasts can be Original Link: 2025 is drawing to an end with few crypto market stories more dramatic than the Oct. 10 “flash crash,” when bitcoin plunged $12,000, or nearly 10%, in minutes. The meltdown triggered more than $19 billion in liquidations in just 24 hours, followed by a trader-circulated “cascade warning” and a staggering $500 billion wiped from total crypto market capitalization.
That set the scene for an extended slide that’s seen the largest cryptocurrency drop to more than 30% below the peak value it set just six days earlier. This painful drop is likely to leave it posting the first full-year loss since the crypto winter of 2022.
The year began on a more optimistic note, with bitcoin price predictions ranging from dream-like fantasies to more conservative targets that, at times, seemed within reach. Then it all changed after the Oct. 10 crash. Many predictions, from seasoned analysts to outspoken evangelists, shared one thing in common: They didn’t age well.