@dragosroua

Although there are technical analysts saying bitcoin will form a lower Low than even two days ago, I do not really expect that to happen. This crypto-market is so much about psychology, so full of information and social influencers who provide their technical analysis (entry points etc.) to a big audience. Selffullfilling- as well as selfdestroying prophecies occur due to various factors, so that in this case, considering the last two days of price action in the crypto-market and technical analysts providing their new lows, I expect Bitcoin to do nothing but to just go sideways for the next days in January, until he rises again. Simply because a lot of panic selling happened already with most weak hands supposed to be shaken out by now and new potential private investors standing on the sideline, unsuccessfully waiting for a new Low/entry point to get into the game.

My expectations for January are mainly moderate action with steady growth in the altcoin-market and Bitcoin going sideways.