Chris Burniske Predicts Market Fluctuations Ahead of Presidential Inauguration – BitRss

The cryptocurrency market may face new fluctuations as the U.S. presidential inauguration approaches. Noted crypto investor Chris Burniske pointed out that the market should prepare for a correction that could initiate a decline on January 20, 2025. Burniske emphasized in his comments shared on the social media platform X that this correction will not terminate the bull market.

Inauguration and Market Correction

Burniske expressed that the presidential inauguration will create a “news sell-off” effect in the markets. He noted that markets generally rise with expectations but fall with realities, suggesting that this correction might generate a “wave of fear.” However, he indicated that this fluctuation will not diminish the momentum of the bull market in the long term.

His statement included: “Dream after the election, but expect a shock afterward. The inauguration is where realities never match dreams. However, this shock will not be the last; it will only seem terrifying for paper hands.”

Burniske warned investors to remain calm during the correction. He stated that the market would rise even higher in the long term beyond such movements.