Bitcoin (BTC) Price Prediction for January 25

Although Bitcoin’s price recently climbed toward $106,539, it failed to sustain this level and soon dropped to $104,120. Over the past 24 hours, Bitcoin’s trading volume has decreased by more than 57%, totaling $30.6 billion.

In a broader perspective, Bitcoin fell below $100,000 on January 7 and showed a downward trend. It reached a low of approximately $89,397 on January 13 but has started to recover. Over the last 24 hours, its total market capitalization decreased by 1.47%, settling at $2.08 trillion.

Bitcoin’s Volatility Touches a Monthly Low

Despite President Trump signing multiple executive orders in favor of the crypto market, Bitcoin’s price is experiencing mixed sentiment. It has been struggling to gain traction, facing consistent rejections at the $107,000 mark due to increased selling pressure from short-term holders taking profits on any major price increases.

Over the last week, Bitcoin’s price has increased by 1.03%, and it has gained 10% over the past 30 days. However, even when Bitcoin reached $106,539, it didn’t attract enough buying interest to continue its rise, leading to a drop back to $104,120.

Data from Coinglass shows that there has been over $21.1 million in total liquidations in the Bitcoin market recently, with $13.7 million from buyers and $7.4 million from sellers, indicating high volatility and balanced forces of buying and selling pressure.

Additionally, Bitcoin’s volatility rate has touched a monthly low at 34.2%, suggesting that major price movements are becoming less likely, and Bitcoin may start to stabilize in a bearish zone. Nonetheless, the positive funding rate of 0.0068% indicates that some buyers remain optimistic, potentially setting the stage for a recovery from the current price levels.

Bitcoin Price Prediction: Technical Analysis

Bitcoin’s price recently found it challenging to maintain its momentum at around $107,000, leading to a sharp drop towards $104K. It is currently facing some selling pressure at a crucial technical level but may soon overcome it. Currently, Bitcoin is trading at $104,948, after a decline of 0.86% in the past 24 hours.

The Bitcoin to USDT trading pair is facing difficulties at the $107,000 mark, which could be a slight hurdle. Staying above this level would be beneficial for buyers, potentially allowing the price to test higher levels at $108,256 and perhaps even reach $111,000.

Conversely, if the price remains below the EMA20 trend line on the 1-hour chart, there might be a push from sellers driving it down towards $103K. Nonetheless, with the RSI at around 52, there is still a possibility for the price to rise.

Bitcoin Price Prediction: What to Expect Next?

Short-term: According to BlockchainReporter, BTC price might continue to struggle below $107K. On the other hand, $103K is the lower range.

Long-term: According to the current Bitcoin price prediction by Coincodex, Bitcoin’s price is expected to increase by 25.01% and reach $131,576 by February 23, 2025. Coincodex’s technical indicators suggest that the market sentiment is currently bullish, while the Fear & Greed Index indicates a level of 75, which represents ‘Greed’. Over the last 30 days, Bitcoin has had 17 green days out of 30, showing a price volatility of 3.96%. Based on these forecasts, Coincodex suggests that now is a good time to buy Bitcoin.

Investment Risks for Bitcoin

Investing in Bitcoin can be risky due to market volatility. Investors should:

• Conduct technical and on-chain analysis.
• Assess their financial situation and risk tolerance.
• Consult with financial advisors if necessary.