Banmuxia: No need to be overly bearish on Bitcoin in the next 1-2 months, the trend will soon become clear
BlockBeats News, on December 26, Chinese crypto analyst Ban Muxia stated on social media, "It is no longer appropriate to be firmly bullish on bitcoin at the moment, but there is no need to be overly bearish in the next 1-2 months. There may be a correction around March or April next year. If there is a significant outflow of ETF funds, a sharp drop could occur, with bitcoin possibly falling below $80,500 or even down to $71,000, but this is a low-probability event. Currently, bitcoin's volatility has narrowed to the extreme, and it will soon choose a direction."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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