Price analysis 1/15: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, XLM, SUI
Bitcoin’s recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
Bitcoin (BTC) extended its recovery on Jan. 13, with the bulls challenging the crucial overhead resistance at $100,000. Risk assets received a boost following the latest Consumer Price Index report, which was lower than economists’ expectations.
ARK Invest said in “The Bitcoin Monthly” report that Bitcoin’s monthly volatility in December was relatively low compared to its yearly volatility, suggesting that Bitcoin has not reached the mania phase yet. That signals a further upside in 2025.
Another bullish projection was from CryptoQuant, which said in its latest weekly report that “favorable regulatory, monetary and cyclical conditions” could keep the capital flowing into Bitcoin, pushing its price to at least $145,000 in 2025.
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Author: Rakesh Upadhyay
