Bitcoin Price Likely to Fall Short of January 2025 High, Says Snyder

TLDR

• Ophelia Snyder, co-founder of 21Shares, doubts Bitcoin will replicate its early 2025 price gains in 2026.
• Snyder attributes the uncertainty to ongoing market volatility, which may not resolve in the short term.
• Bitcoin often sees renewed inflows into ETFs in January, but current market sentiment is low.
• Bitcoin reached a peak of $125,100 in October 2025 but entered a downtrend after a $19 billion market liquidation event.
• Snyder remains optimistic about Bitcoin’s long-term potential, citing growing interest in Bitcoin ETFs and government adoption.

21Shares co-founder Ophelia Snyder recently shared her insights on the outlook for Bitcoin as 2026 approaches. She expressed doubts that Bitcoin will replicate the price surge seen earlier in 2025. According to Snyder, the current market volatility is unlikely to resolve quickly, making such a performance challenging. She added that Bitcoin’s future performance will largely depend on broader market sentiment in the coming months.

Snyder highlighted that January often brings renewed inflows into Bitcoin exchange-traded funds (ETFs) as investors make adjustments to their portfolios. Historically, this has fueled upward movement in Bitcoin price, as new investment capital enters the market. However, Snyder remains uncertain about Bitcoin’s potential to repeat its early 2025 price gains due to the present low levels of positive sentiment.

Bitcoin’s Price Action in 2025 and the January Effect

In January 2025, Bitcoin reached a peak of $109,000, just before the inauguration of former U.S. President Donald Trump. Traders had hoped that Trump’s crypto-related policies would boost Bitcoin’s value. Shortly after, Bitcoin hit its highest value of the year, reaching $125,100 on October 5. However, the market shifted after the $19 billion crypto market liquidation event on October 10.

Following this event, Bitcoin entered a downtrend, and many market participants adjusted their short-term expectations. Although Bitcoin price dipped nearly 10% in the last 30 days, Snyder remains cautiously optimistic about its long-term prospects. She attributes the recent correction to broader market conditions rather than crypto-specific issues, pointing out that a risk-off sentiment has affected multiple asset classes.

Factors Driving Long-Term Optimism for Bitcoin

Despite the short-term challenges, Snyder maintains a long-term bullish outlook for Bitcoin. She pointed to the increasing adoption of Bitcoin ETFs on major platforms as a key factor that could propel the cryptocurrency higher. Additionally, Snyder believes that the growing interest in digital assets as a store of value, alongside government adoption, could further fuel Bitcoin’s demand.

On the other hand, some risks could hinder Bitcoin’s growth. These include sustained strength in gold, which could draw traditional investors away from Bitcoin. A continued risk-off sentiment in broader financial markets could also dampen Bitcoin’s appeal. Still, Snyder sees the current price dip as a temporary reaction rather than a permanent trend.

Despite the uncertainty surrounding short-term movements, some industry experts remain more optimistic. BitMine chairman Tom Lee has forecasted that Bitcoin will reach a new high before January 2026. Historically, Bitcoin has shown positive returns in January, with an average gain of 3.81% since 2013. Whether this trend will hold in 2026 remains to be seen, but the year-end outlook is mixed.

The post Bitcoin Price Likely to Fall Short of January 2025 High, Says Snyder appeared first on Blockonomi.