Gather ’round, space travelers, for a tale as bizarre as a hoopy frood without his towel. 🧑🚀 A new market thesis is grabbing attention-or rather, it’s grabbing attention like a Vogon poem grabs your sanity and flings it into a black hole. 🕳️
Shanaka Anslem Perera, the sort of industry expert who probably knows more about Bitcoin than most of us know about our own sock drawers, has declared that the Bitcoin cycle didn’t just break-it did a somersault, flipped its wig, and landed in a parallel universe. 🌌 And if he’s right (which, let’s face it, is about as likely as finding a decent cup of tea in the Milky Way), the bear market everyone’s been waiting for with the enthusiasm of a dentist appointment might already be yesterday’s news. 📉
A Cycle So Different, It’s Practically Wearing a Bow Tie 🎩
Perera points to a moment so unusual, it’s like discovering your left shoe is actually a portal to Mars. 🚀 Bitcoin broke its all-time high before the halving. Never happened before. Not once. Not in any previous cycle. It’s like the universe decided to play a practical joke on crypto enthusiasts. 🤡
To him, this was the neon sign flashing “INVERTED CYCLE” in letters so big, even a Golgafrinchan could read them. 🎡
He then goes on to argue that 2024 wasn’t a bull run at all-oh no, it was merely “political repricing.” 🗳️ In other words, investors were reacting to the possibility of a pro-crypto U.S. administration like it was the last slice of pizza at a party. 🍕 Not the start of a new crypto wave, just a bunch of people hoping the next president will let them keep their digital coins without calling them “funny money.” 💰
2025: The Bear Market in a Tuxedo 🐻🎩
On paper, Bitcoin near $90K should feel like winning the lottery while being handed a lifetime supply of your favorite snack. 🍫 But Perera says the signs are there, lurking in the shadows like a depressed Marvin the Paranoid Android. 🤖 Here’s the checklist of doom:
- Bitcoin dominance at multi-year highs 🏆
- Altcoins “bleeding to death” like they forgot to pack a first-aid kit for the journey 🩸
- $3.5B in ETF outflows in a single month-because who doesn’t love a good financial hemorrhage? 💸
- A 29% correction from the October peak, which is basically the crypto equivalent of tripping on a banana peel 🍌
- Sentiment indicators stuck in fear, like a Hitchhiker’s Guide reader trying to understand the plot 📉
A price that once sounded like science fiction now feels like a bad case of space madness. 🌌
Bitcoin’s Demand: Now Dancing to the Fed’s Tune 💃🎶
Perera reckons the halving cycle got hijacked by macro forces faster than a Heart of Gold jumping to hyperspace. 🌠 Once ETFs started funneling institutional capital into Bitcoin, demand began tracking Federal Reserve liquidity instead of retail euphoria. It’s like Bitcoin grew up, got a job, and started paying taxes. 🤵
Some folks agreed, nodding sagely and saying Bitcoin “outgrew its old cycle” the moment it entered mainstream financial plumbing. 🚰 Others argued the narrative is as compelling as a Vogon captain’s love poetry-interesting, but not exactly confirmed. 📜
Fast Forward to 2026: The Real Party (or Apocalypse) 🎉💥
Perera’s conclusion is as straightforward as a hitchhiker’s guide to the galaxy: if the market already lived through its bear phase emotionally-even at prices that make your wallet cry-the next major move could be the real blow-off top. 🎈 Or, as he so eloquently puts it:
“The bear market is behind you. Act accordingly.” 🐻❌
So, buckle up, grab your towel, and don’t panic. Unless you’re holding altcoins. Then maybe panic a little. 😅
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2025-12-08 16:38