Bitcoin Eyes $100K as Resistance Weakens
2025-01-15
Category: None

Bullish Conclusion:
Bitcoin’s short-term bullish trend continues to show promise with consistent higher lows and a potential breakout above the 98K resistance level. If volume strengthens and buyers maintain momentum, a move towards the psychological $100 milestone could be achieved soon. And with Trump’s inauguration next week, that’s a big factor too!

Shock Factors:
Despite the attempt to break through key resistance, Bitcoin’s weak volume raises concerns about sustainability. If the 98K barrier persists, prices could revisit the 95K-96K range. In a bearish scenario, weakening buyer interest could even lead prices to test the deeper 92K support level. It’s especially important to remain cautious as uncertainty spreads.