[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."
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.
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content



