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.
Future of the Crypto Market and Valuation Predictions
In November 2022, Burniske predicted that Bitcoin 
$93,414 and the cryptocurrency markets would complete their cyclical lows. At that time, he claimed that the total market value of digital assets could reach 10 trillion dollars in this cycle. However, in his recent statement, he revised this prediction, indicating that reaching this level may not be feasible.
The current total market value stands at approximately 3.865 trillion dollars. Burniske mentioned that the market’s increase could accelerate over time, but investors need to maintain realistic expectations during this process. According to him, while the future of the markets appears bright, knowing where to direct profits will be the most crucial decision for investors.
Burniske emphasized the importance of adopting a long-term perspective, stating, “Aiming for perfection always leads to missing something.” He also highlighted that market fluctuations should be met with a patient and strategic approach.
Burniske’s forecasts indicate that despite short-term risks in the crypto market, a structure supporting long-term growth exists. Investors are advised to closely monitor market movements and shape their strategies accordingly.
