Some crypto market analysts are emphasizing that there may be green growth in the first week of the crypto market in January, which is the result of what economist and trader Alex Krüger called the “first week of the year effect” Part.

Kruger stated in a report on December 29 tweet In the past four years, Bitcoin (Bitcoin) A positive return from 7% to 36% in the first week of January between 2018 and 2021.

In 2021, BTC rose from US$28,653 to US$41,441 in the first week of January.

When asked what happened in previous years, Kruger Replied, “Tbf is only important in 2020 and 2021, different markets, so you can deal with these two data points at will”.

It is still expected that the crypto market in early January will see a strong upward trend driven by capital inflows. If the next inflation data is too hot (January 12), hedge before the next FOMC (January 26).

-Alex Kruger (@krugermacro) December 28, 2021

His optimistic outlook for early January comes from his expectation of strong “fund inflows”, which seems to be in line with the sentiment of Real Vision CEO Raoul Pal. In an interview with Youtube on December 27th, Pal stated that he believes the Bitcoin sell-off is over, and January will have a strong start With institutional capital reinvested in the market.

David Lifchitz, CEO of ExoAlpha, believes that even if there are less than 24 hours left by 2021, the institution is still selling in order to Lock in tax lossesThe rebound in the first week of January may be related to this phenomenon.

Nigel Green, CEO of fintech and wealth management company deVere Group, believes that because “panic sellers actually gave away their cryptocurrency to wealthy buyers,” December has become Bitcoin’s worst since May 2021 Monthly performance.

However, he has long been optimistic about the cryptocurrency with the largest market value. Green believes that Bitcoin can protect investors from the effects of global inflation, and that “a borderless, global, and decentralized currency is the future.”

However, not everyone is optimistic about the cryptocurrency in 2022.

Carol Alexander, Professor of Finance, University of Sussex Tell CNBC BTC may fall to US$10,000 in 2022. However, she is skeptical. She believes that BTC has no fundamental value and has reached its peak in this cycle.

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Todd Lowenstein, chief equity strategist at United Bank, gave a smarter view. His view is that “Goldilocks conditions”, such as the COVID financial stimulus plan and low interest rates that are conducive to high asset prices, are about to end, which will have a significant negative impact on BTC and traditional markets in 2022.

“The situation of Goldilocks is ending, and the wave of liquidity is fading, which will cause disproportionate damage to overvalued asset classes and market speculation, including cryptocurrencies.”