IOSG Founding Partner: 2025 will be the "worst year" for the crypto market, but BTC may reach $120,000–$150,000 in the first half of 2026

PANews, December 21 – Jocy, founding partner of IOSG, posted on X that 2025 will be the "worst year" for the crypto market. OG investors will experience three waves of sell-offs. From March 2024 to November 2025, long-term holders (LTH) will cumulatively sell about 1.4 million BTC (worth $121.17 billions): First wave (end of 2023 to early 2024): ETF approval, BTC rises from $25,000 to $73,000; Second wave (end of 2024): Trump is elected, BTC surges toward $100,000; Third wave (2025): BTC remains above $100,000 for an extended period. Unlike the single explosive distributions in 2013, 2017, and 2021, this time it will be a multi-wave, sustained distribution. Over the past year, BTC has been consolidating at its peak for a year, something that has never happened before. Since the beginning of 2024, the number of BTC unmoved for over two years has decreased by 1.6 million (about $140 billions). However, the other side of risk is opportunity. In terms of investment logic:

Short term (3-6 months): Fluctuation between $87,000 and $95,000, institutions continue to accumulate positions;

Mid-term (first half of 2026): Driven by both policy and institutions, target $120,000-$150,000;

Long term (second half of 2026): Increased volatility, depending on election results and policy continuity.