The analyst, Crypto Rus, reflects on the current state of the crypto market as December comes to a close. Despite expectations for a "Santa Rally," the market has remained stagnant, with Bitcoin briefly reaching $100,000 before falling back to around $94,000. The analyst points out that historically, Bitcoin has experienced price increases heading into January after breaking previous cycle highs. However, this year is different, as Bitcoin broke its previous all-time high in March 2024, months before the anticipated halving event. The analyst believes this early surge suggests that the market is ahead of the typical cycle and predicts that the real action may happen in 2025. The lack of a "Santa Rally" is attributed to Bitcoin's significant gains throughout the year, causing the market to be ahead of the usual cycle. Looking ahead to 2025, the analyst is bullish about Bitcoin's potential, citing the supply shock and increased purchases by large institutional players as factors that could drive a major bull run. As of now, Bitcoin is trading slightly above $94,000, and it remains to be seen if the price will surpass $100,000 in the next 24 hours.



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