Price analysis 1/10: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, TON
Bitcoin’s bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.
Bitcoin (BTC) made a solid recovery on Jan. 10, and the bulls are trying to maintain the price above $94,000. This suggests that the bulls continue to view the dips near $90,000 as a buying opportunity. Blocktrends head of research Cauê Oliveira wrote in a Jan. 8 CryptoQuant post that large players were buying Bitcoin just below $95,000.
A Bitwise survey of 430 financial advisers conducted between Nov. 14 and Dec. 20 shows that 56% of the respondents are more likely to invest in cryptocurrencies in 2025 following Donald Trump’s United States presidential election victory. Additionally, among the advisers who are already investing, 99% plan to “either maintain or increase” their crypto exposure this year.
Crypto market data daily view. Source: Coin360
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Author: Rakesh Upadhyay
