Banmu Xia: There's no need to be overly bearish on Bitcoin in the next 1-2 months; the trend is about to become clear.
TL;DR
Analyst Banmu Xia suggests avoiding extreme bearishness on Bitcoin for the next 1-2 months, as volatility is at a limit and direction will soon be clear. A correction is possible in March or April, with a low-probability sharp drop if ETF funds outflow significantly.
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[Banmu Xia: No Need to Be Overly Bearish on Bitcoin in the Next 1-2 Months, Trend is About to Be Clear] According to Mars Finance, on December 26th, Chinese crypto analyst Banmu Xia stated on social media, "It's no longer appropriate to be firmly bullish on Bitcoin at the moment, but there's no need to be overly bearish in the next 1-2 months. There might be a correction in March or April next year. If there's a significant outflow of funds from ETFs, there could be a sharp drop, with Bitcoin potentially falling below $80,500 or even to $71,000, but this is a low-probability event. Currently, Bitcoin's volatility has narrowed to its limit, and it will soon find its direction."