"The biggest surprise will be the sudden peak of this bull market at a time when everyone is confident that Bitcoin will rebound by + 50% to + 150% in 2025," 10x Research wrote. "Some even predict a time-precise parabolic move ahead of Trump's inauguration, followed by a sharp correction. Our view is different. While we recommended caution in our December 23 report and highlighted various risk factors, there are now several key data points that traders must carefully assess and monitor as we expect volatility to increase soon. "