Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst TARA has predicted that the Bitcoin pricewill still rally despite bearish signals that have surfaced. She highlighted why the flagship crypto could reach this level and what could happen once it touches the price target. Analyst Predicts Bitcoin Price Surge To $99,000
In an X post, TARA opined that the Bitcoin price will reach $99,300, even though the flagship crypto is printing a bearish candlestick. She stated that BTC wants to touch this price target before it retraces deeper so that the correction does not break the critical support at $90,000. The analyst added that retracement levels for BTC will continue to be adjusted, with the new 2026 high above $97,000, while revealing subwaves on the way to the full target at $103,000. Related Reading Analyst Outlines The Bulllish And Bearish Scenarios For Bitcoin – Here’s What To Know 2 days ago
Notably, crypto traders are currently betting on the Bitcoin price rallying past the $99,000 level and reaching the psychological $100,000 level. Polymarket datashows a 48% chance that BTC will rally to $100,000 this month. This follows the flagship crypto’s recent rally from around $92,000 to above $97,000 following the release of the soft CPI inflation dataearlier this week. Source: Chart from TARA on X
The spot Bitcoin ETFs have also contributed to the Bitcoin price surge to start the year. In an X post, Bloomberg analyst Eric Balchunas highlighted that ETFs recorded net inflows of $843 million on January 14 and now boast 1-week net inflows of $1 billion and $1.5 billion year-to-date (YTD). With BTC rallying to $97,000after trading sideways towards the end of last year, Balchunas opined that the buyers may have exhausted the sellers. Arthur Hayes Predicts Bitcoin Rally On Rising Liquidity
In his latest blog post, BitMEX co-founder Arthur Hayes predicted that the Bitcoin price could sustain this rally as dollar liquidity rapidly increases. Hayes expects dollar liquidity to increase as U.S. President Donald Trumpfinds more ways to inject liquidity into the economy. The BitMEX co-founder highlighted how Trump plans to lower mortgage rates, which could cause Americans to borrow more. Related Reading What’s Going On With Bitcoin And The Stock Market? Analyst Breaks It Down 3 days ago
Hayes also mentioned that the liquidity in 2025 didn’t support crypto portfolios, which is why the Bitcoin price underperformed. He urged market participants not to draw wrong conclusions from the 2025 underperformance, as it was always a liquidity story rather than a cyclical bear market, as some analysts suggested.
More liquidity could also flow into the market as Trump nominates a rate-cut advocate to replace Fed Chair Jerome Powell. This could lead to larger rate cuts, which would be bullish for the Bitcoin price and the broader crypto market.
At the time of writing, the Bitcoin price is trading at around $95,300, down in the last 24 hours, according to datafrom CoinMarketCap. BTC trading at $95,969 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com