Lark Davis Predicts 50/50 Chance for Bearish vs Bullish Bitcoin Outcome

Popular crypto analyst Lark Davis predicts a 50/50 chance of a bearish or bullish market outcome for Bitcoin in the year ahead. Davis highlights that October closed without an upward-trending ‘euphoric blow-off top,’ challenging predictions from earlier weeks. While some analysts expect to see a significant drop in price, others believe a new ATH might occur. Davis points out a key price point of $98,000 as crucial for Bitcoin’s future trajectory. The decision of whether to hedge or double down on investments will depend on whether the market continues to rise above this level.