Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why
Crypto analyst TARA has predicted that the Bitcoin price will nonetheless rally regardless of bearish indicators which have surfaced. She highlighted why the flagship crypto may attain this degree and what may occur as soon as it touches the worth goal.
Analyst Predicts Bitcoin Price Surge To $99,000
In an X post, TARA opined that the Bitcoin value will attain $99,300, although the flagship crypto is printing a bearish candlestick. She acknowledged that BTC desires to the touch this value goal earlier than it retraces deeper in order that the correction doesn’t break the critical support at $90,000. The analyst added that retracement ranges for BTC will proceed to be adjusted, with the brand new 2026 high above $97,000, whereas revealing subwaves on the best way to the complete goal at $103,000.
Notably, crypto merchants are at the moment betting on the Bitcoin value rallying previous the $99,000 degree and reaching the psychological $100,000 degree. Polymarket data exhibits a 48% likelihood that BTC will rally to $100,000 this month. This follows the flagship crypto’s current rally from round $92,000 to above $97,000 following the discharge of the soft CPI inflation data earlier this week.
The spot Bitcoin ETFs have additionally contributed to the Bitcoin value surge to start out the 12 months. In an X post, Bloomberg analyst Eric Balchunas highlighted that ETFs recorded internet inflows of $843 million on January 14 and now boast 1-week internet inflows of $1 billion and $1.5 billion year-to-date (YTD). With BTC rallying to $97,000 after buying and selling sideways in the direction of the top of final 12 months, Balchunas opined that the consumers could have exhausted the sellers.
Arthur Hayes Predicts Bitcoin Rally On Rising Liquidity
In his newest blog post, BitMEX co-founder Arthur Hayes predicted that the Bitcoin value may maintain this rally as greenback liquidity quickly will increase. Hayes expects greenback liquidity to extend as U.S. President Donald Trump finds extra methods to inject liquidity into the financial system. The BitMEX co-founder highlighted how Trump plans to decrease mortgage charges, which may trigger Americans to borrow extra.
Hayes additionally talked about that the liquidity in 2025 didn’t help crypto portfolios, which is why the Bitcoin value underperformed. He urged market members not to attract fallacious conclusions from the 2025 underperformance, because it was all the time a liquidity story fairly than a cyclical bear market, as some analysts instructed.
More liquidity may additionally stream into the market as Trump nominates a rate-cut advocate to exchange Fed Chair Jerome Powell. This may result in bigger charge cuts, which might be bullish for the Bitcoin value and the broader crypto market.
At the time of writing, the Bitcoin value is buying and selling at round $95,300, down within the final 24 hours, based on data from CoinMarketCap.
