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Zach Pandl, the head of research at Grayscale, believes that Bitcoin is "tamed by the strength of the US dollar," but he expects this retreat to be short-lived as the presidential inauguration in the United States approaches. As a result, Pandl maintains an optimistic outlook. However, not everyone shares this bullish sentiment in the short term. Willy Woo states that while Bitcoin sentiment appears "unprecedentedly bullish," a "cautious approach" is essential.

Zach Pandl sees Bitcoin's dip tied to a strong US dollar, expecting a recovery near the US presidential inauguration. Willy Woo advises caution despite optimism.