one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.
i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).
do you think January and possibly February could be the Fearuary months?
I think that is a pretty fair statement to make.
There is virtually no bullishness left in the marketplace, which is fair enough given that you are looking at a stage in the bull market without much new money. It's really just a zero sum game right now, with people trading against people.
Definitely expect more dumps to come in the next few months. I think that markets are fatigued and the path down faces much less resistance than the path up right now.