Blockware Intelligence Newsletter

Blockware Intelligence Newsletter

Blockware Intelligence Newsletter: 2025 Recap and 2026 Outlook

Bitcoin 2025 Market Recap and 2026 Outlook

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Blockware Intelligence
Dec 19, 2025
∙ Paid

It the beginning of this year, like most analysts, we were incredibly bullish. Our target range for the Bitcoin price EOY was $150,000 to $400,000. Obviously, we were incorrect.

In today’s newsletter we are going deep.

We will start by breaking down 4 key reasons why Bitcoin underperformed in 2025.

Additionally, we will dive deep into the current macroeconomic conditions, the shifting risk-tides, Bitcoin on-chain data, institutional flows, and Bitcoin Mining.

This is the final newsletter of 2025 – and we’re closing out the year with a banger.

Grab a notepad, lock-in, and enjoy.

Well see you in the new year.

Why Bitcoin Stagnated in 2025

To start, we’re going to break down four key reasons why Bitcoin underperformed in 2025:

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