- Bitcoin struggles at $98,000, needing a close above support.
- Analyst insights indicate early demand recovery.
- ETF inflows suggest strong institutional interest.
Bitcoin is testing support between the $94,000–$96,000 zone after rejecting higher levels near $98,000, indicating a potential market shift.
The importance lies in potential downside to $80,000–$87,000, underscoring investor caution amid macro uncertainties and demand recovery signals.
Bitcoin is currently testing support within the $94,000–$96,000 zone after a rejection near $98,000. Analysts highlight the proximity to the bull market support band, emphasizing the necessity for a weekly close above it for bullish confirmation.
Key players in the cryptocurrency space, including on-chain analysts from CryptoQuant, note an improvement in spot demand. They suggest the current phase indicates early recovery rather than the end of the bull cycle, emphasizing the shift in cumulative volume delta to a buy-dominant state.
The financial sector observes a significant impact, with BlackRock’s iShares Bitcoin Trust seeing inflows of $648 million on January 15, 2026. Concerns regarding potential downside risks, driven by tariff fears and macro volatility, persist, with Bitcoin possibly dropping to the $80,000–$87,000 range.
Historically, Bitcoin’s market dynamics show high sensitivity to trade-related headlines, evidenced by past events such as April 2025 tariff disputes. Similar instances resulted in Bitcoin’s price fluctuations, often signaling trends from bullish to bearish phases.
Expert opinions from key figures like Tom Lee of Fundstrat predict Bitcoin achieving new highs by January 2026, citing institutional demand and shifting halving cycles.
Bitcoin could reach a new all-time high by the end of January 2026, maintaining $200,000–$250,000 year-end targets amid institutional demand shifting halving cycles.
However, market participants remain cautious amid potential 25% U.S.-Europe tariffs possibly resurrecting prior trade fears.
