I think December was an anxious month, there were ups and downs. But in general, December turned out to be more stable than January. We all know the positive news with the Bitcoin ETF, everyone expected a huge surge in the market, but for some reason the market growth lasted one or two days. I hope this is a temporary phenomenon and January is ready for something more, and the dynamics and sentiment in the market will be better. In general, I think it’s worth the wait and we’ll see more new ATHs on the market.
This is just a temporary trend where many sells based on the news and once they are done, the market will recover eventually. This is actually expected once the news came out since many will take advantage of the FOMO. Now, we are in a consolidation period where Bitcoin needs to survive above the support level so we can continue this bullish trend, I’m still positive for this first quarter and I believe Bitcoin will recover stronger.