Just looking back at those Bitcoin price predictions from early 2025 and it's wild how things played out differently. Everyone was pretty bullish back then, talking about BTC hitting $118k-$130k by August with all the institutional ETF flows and macro tailwinds. Some analysts were even more aggressive, with Charles Edwards from Capriole Fund calling for $167,800 based on Bitcoin's energy value calculations. The thesis made sense at the time - Fed rate cuts were supposed to be catalysts, institutional adoption was ramping up, and the regulatory environment seemed supportive. But here we are in April 2026 and Bitcoin's sitting around $71k, which tells you something about how unpredictable this market really is. The macro picture shifted more than people expected. Those historical patterns about Fed cuts triggering multi-week rallies didn't quite pan out the way traders thought they would. It's a good reminder that even when the fundamentals and institutional interest look solid, there are always factors nobody fully accounts for. Definitely keeps you humble about making bitcoin price calls too far into the future.