Over the past 15 days, Bitcoin has been oscillating steadily between $87,100 and $89,900. From December 19 to January 2, the price accumulated gains of approximately 5.2%. Looking back at the entire December, the average price hovered around $87,500, with signs of a slight rebound in early January.
To put it simply, the market has been relatively quiet during this period—a steady consolidation phase with no particularly drastic one-sided movements.
Is now a good time to enter? There's no consensus in the community on this, with mainly two schools of thought.
One school believes it's reasonable to buy for the long term. Their logic is that Bitcoin's market drivers are shifting, and the old "four-year halving cycle" pattern may be outdated. Where does the real incremental demand come from now? Large capital inflows from institutions and sovereign wealth funds, continued inflows into spot ETFs, and even some countries beginning to hold Bitcoin as a reserve asset—these represent genuine demand. Combined with an increasingly clear regulatory framework for crypto in the U.S., uncertainty is declining. On the macro level, expectations of Fed rate cuts are also supporting liquidity. Based on these factors, some institutions have set price targets as high as $250,000, with Fidelity analysts stating that for those treating Bitcoin as a long-term wealth storage asset, "there's really no such thing as being too late."
The other school takes a more cautious stance in the short term. While the long-term logic is sound, cryptocurrencies are inherently highly volatile, and short-term movements are truly difficult to predict—the risks remain substantial. This approach suits investors who cannot tolerate significant short-term fluctuations well.
Both perspectives have merit. Which path you choose mainly depends on your investment horizon and risk tolerance.
Over the past 15 days, Bitcoin has been oscillating steadily between $87,100 and $89,900. From December 19 to January 2, the price accumulated gains of approximately 5.2%. Looking back at the entire December, the average price hovered around $87,500, with signs of a slight rebound in early January.
To put it simply, the market has been relatively quiet during this period—a steady consolidation phase with no particularly drastic one-sided movements.
Is now a good time to enter? There's no consensus in the community on this, with mainly two schools of thought.
One school believes it's reasonable to buy for the long term. Their logic is that Bitcoin's market drivers are shifting, and the old "four-year halving cycle" pattern may be outdated. Where does the real incremental demand come from now? Large capital inflows from institutions and sovereign wealth funds, continued inflows into spot ETFs, and even some countries beginning to hold Bitcoin as a reserve asset—these represent genuine demand. Combined with an increasingly clear regulatory framework for crypto in the U.S., uncertainty is declining. On the macro level, expectations of Fed rate cuts are also supporting liquidity. Based on these factors, some institutions have set price targets as high as $250,000, with Fidelity analysts stating that for those treating Bitcoin as a long-term wealth storage asset, "there's really no such thing as being too late."
The other school takes a more cautious stance in the short term. While the long-term logic is sound, cryptocurrencies are inherently highly volatile, and short-term movements are truly difficult to predict—the risks remain substantial. This approach suits investors who cannot tolerate significant short-term fluctuations well.
Both perspectives have merit. Which path you choose mainly depends on your investment horizon and risk tolerance.