Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why

2 hours ago

Crypto expert TARA has predicted that the Bitcoin price volition inactive rally contempt bearish signals that person surfaced. She highlighted wherefore the flagship crypto could scope this level and what could hap erstwhile it touches the terms target.

Analyst Predicts Bitcoin Price Surge To $99,000

In an X post, TARA opined that the Bitcoin terms volition scope $99,300, adjacent though the flagship crypto is printing a bearish candlestick. She stated that BTC wants to interaction this terms people earlier it retraces deeper truthful that the correction does not interruption the critical enactment astatine $90,000. The expert added that retracement levels for BTC volition proceed to beryllium adjusted, with the caller 2026 precocious supra $97,000, portion revealing subwaves connected the mode to the afloat people astatine $103,000.

Notably, crypto traders are presently betting connected the Bitcoin terms rallying past the $99,000 level and reaching the intelligence $100,000 level. Polymarket data shows a 48% accidental that BTC volition rally to $100,000 this month. This follows the flagship crypto’s caller rally from astir $92,000 to supra $97,000 pursuing the merchandise of the soft CPI ostentation data earlier this week.

The spot Bitcoin ETFs person besides contributed to the Bitcoin terms surge to commencement the year. In an X post, Bloomberg expert Eric Balchunas highlighted that ETFs recorded nett inflows of $843 cardinal connected January 14 and present boast 1-week nett inflows of $1 cardinal and $1.5 cardinal year-to-date (YTD). With BTC rallying to $97,000 aft trading sideways towards the extremity of past year, Balchunas opined that the buyers whitethorn person 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 terms could prolong this rally arsenic dollar liquidity rapidly increases. Hayes expects dollar liquidity to summation arsenic U.S. President Donald Trump finds much ways to inject liquidity into the economy. The BitMEX co-founder highlighted however Trump plans to little owe rates, which could origin Americans to get more.

Hayes besides mentioned that the liquidity successful 2025 didn’t enactment crypto portfolios, which is wherefore the Bitcoin terms underperformed. He urged marketplace participants not to gully incorrect conclusions from the 2025 underperformance, arsenic it was ever a liquidity communicative alternatively than a cyclical bear market, arsenic immoderate analysts suggested.

More liquidity could besides travel into the marketplace arsenic Trump nominates a rate-cut advocator to regenerate Fed Chair Jerome Powell. This could pb to larger complaint cuts, which would beryllium bullish for the Bitcoin terms and the broader crypto market.

At the clip of writing, the Bitcoin terms is trading astatine astir $95,300, down successful the past 24 hours, according to data from CoinMarketCap.