Let's start with the obvious, 2025 has not been the year of takeoff that we all expected. There have been no fireworks or 1000% gains overnight. Instead, it has been a quieter year: fewer shouts, more construction, and much more presence from the big institutional players.

And although at first glance it may seem boring or even disappointing, this type of year is usually exactly what comes before the real big movements.

Now that 2026 is just around the corner, several things start to fall into place that those who know the topic have been watching for a long time: ETFs continue to buy steadily, the global economy seems to be stopping being a problem, and the general sentiment is improving without the need for uncontrolled euphoria. These are not predictions pulled from a crystal ball; they are real market conditions.

2025 was not a wasted year, it was a year of preparation

One of the biggest mistakes is thinking that all years have to be the same. Not all cycles explode immediately.

2025 has served for something very important: to eliminate unrealistic expectations and allow people with long-term vision to buy without having to compete with the speculative madness of small investors.

These periods often go unnoticed at the time, but when you look back, you realize they were the foundation of the best bull markets.

Bitcoin ETFs have changed everything (even if it doesn't seem like it)

The arrival of Bitcoin spot ETFs did not trigger the brutal rally that many expected, and that has left many people confused. But the true impact is not instantaneous, it is structural.

What have they achieved?

  • Constant and predictable demand, not speculative

  • Money that comes in without being guided by emotions

  • Bitcoin integrated into traditional investment portfolios

Looking towards 2026, the important thing about ETFs is not what they have already bought. It's that when large fund managers decide to increase their exposure, the highway is already built. They just have to hit the accelerator.

The global economy: less chaos, more clarity

The crypto market is no longer in its bubble. It is affected, for better or worse, by everything that happens in the global economy.

Looking towards 2026, there are several factors that investors are starting to take into account:

  • Interest rates could go down (or at least stop rising)

  • Inflation is more controlled in major economies

  • Monetary policies are more predictable

Bitcoin and cryptos do not need governments to throw money at them like crazy. They just need things to be clear.

When leaving your money in the bank stops being the 'safe and profitable' option, risk assets become interesting again.

The next bull market will be different: less smoke, more substance

If a new bull market arrives, it probably won't resemble the previous ones.

The narratives that are gaining traction are not just pure speculative smoke:

  • Tokenization of real-world assets (real estate, stocks, debt...)

  • Stablecoins as serious financial infrastructure

  • Blockchain applied to real payments, settlements, and custody

  • Integration with artificial intelligence

This tells us something important: the next bull market may not be as vertical and explosive, but it will be broader and more solid.

Not all cryptos will rise equally. Money will be more selective. The days of 'everything rises just because' are over.

Bitcoin will continue to be king, but it is no longer alone

Bitcoin will continue to set the pace of the market. If Bitcoin consolidates and shows strength, the rest of the ecosystem will have room to grow.

But unlike other cycles:

  • Not everything revolves around the halving anymore

  • Not all altcoins will rise automatically just because Bitcoin rises

  • Money will seek projects that truly make economic sense

This is not market weakness. It is maturity.

The risks have not disappeared (and we must be realistic)

Thinking that 2026 could be a good year does not mean that everything will be perfect.

Very real risks still exist:

  • Economic events that no one sees coming

  • Geopolitical tensions (wars, trade conflicts...)

  • Different regulations depending on the country

  • People who over-leverage and end up paying for it

The difference is that now the market arrives with better infrastructure and with more professional players than a few years ago.

2026 does not promise madness, it promises real opportunities

If the market is telling us something, it is this: the next bull market will not come announced with trumpets and fireworks.

It will be built gradually, with real institutional money, useful projects, and an economic environment that does not put obstacles in the way. And for those who know what they are doing, that is usually the best possible scenario.

2025 has been the year of patience.

2026 could be the year to do things right.

Not because of hype, but because the fundamentals are there.

Check the price of Bitcoin now:
https://www.binance.com/es/price/bitcoin