Bitcoin has recovered from its 2025 and 8-week low of just below $90,000 during late trading on Monday, Jan. 13.<\/p>\n
The asset gained around $5,000 over the past 12 hours from that drop<\/a> or so to tap the $95,000 level during trading in Asia on Tuesday morning.<\/p>\n BTC is now back in the middle of its range-bound channel that formed in mid-November, having bounced off the lower band support for the fourth time over the past month.<\/p>\n \u201cWe got the bounce, but the question is how much follow-through can we get?\u201d asked business consultant Jacob Canfield on X on Jan. 14.<\/p>\n He added that it would be ideal if BTC could hold $92,000 to challenge the range high of $95,400.<\/p>\n \u201cThis week will be vital to see if we can get any kind of a bullish close heading into next week before Trump\u2019s inauguration.\u201d<\/p>\n $BTC<\/a> \u2013 We got the bounce but the question is how much follow through can we get?<\/p>\n Ideal if we can hold $92,000 to challenge the range high at $95.4K.<\/p>\n Getting a lot of SFP (swing fail patterns) at the lows on a lot of alts as well.<\/p>\n This week will be vital to see if we can get\u2026 https:\/\/t.co\/6LnuGeq9ZG<\/a> pic.twitter.com\/3o2Ndr7q52<\/a><\/p>\n \u2014 Jacob Canfield (@JacobCanfield) January 13, 2025<\/a><\/p>\n\n Trader Bob Loukas asked<\/a> whether the Bitcoin low was in yet, arguing that it wasn\u2019t. \u201cSentiment is getting bearish, but permabull accounts are still saying \u2018buy now\u2019 vocally,\u201d he observed.\u00a0He added that a downside move to $80,500, a 50% Fibonacci retracement or 25% drawdown, \u201cwould be normal.\u201d<\/p>\n BTC pulled back around 25% in January 2021, the year of the last bull market peak, so history may rhyme.<\/p>\n \u201cFrom this point, above $99.9k is positive, and BTC should not trade back over $102.5k in this declining phase,\u201d he said before adding:<\/p>\n \u201cBut as they say, this is a bull market, after all. So yeah, ultimately I\u2019m super bullish, the question is always just on what time frame.\u201d<\/p>\n Meanwhile, Bitwise CEO Hunter Horsley said<\/a> 2025 was the year for Bitcoin and crypto, which has \u201cSo many tailwinds and so few headwinds.\u201d<\/p>\n Santiment reported that the top trending topics in crypto heavily revolve around Bitcoin\u2019s temporary drop under $90,000 and Trump\u2019s inauguration next week.<\/p>\n \u201cRegarding the former, the fact that \u2018$90K\u2019 was being spammed across social media was a great fear signal that would foreshadow a bounce,\u201d analysts said.<\/p>\n \ufe0f The top trending topics in crypto are heavily revolving around Bitcoin\u2019s temporary drop to under $90K and Trump\u2019s inauguration next week. Regarding the former, the fact that \u2018$90K\u2019 was being spammed across social media was a great fear signal that would foreshadow a bounce. pic.twitter.com\/gL2GY1Lm6S<\/a><\/p>\n \u2014 Santiment (@santimentfeed) January 14, 2025<\/a><\/p>\n\n Total market capitalization remains at $3.43 trillion, where it was this time yesterday following the recovery bounce.<\/p>\n Ethereum<\/a> hasn\u2019t recovered as much following its brief dip<\/a> below $3,000 and was trading at $3,180 at the time of writing, down almost 14% on the week.<\/p>\n Altcoins were mixed with a few in the green, including Dogecoin (DOGE), Sui (SUI), Hedera (HBAR), and Hyperliquid (HYPE).<\/p>\n The post Bitcoin Bounces Back to $95K as Bullish Sentiment Returns<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin has recovered from its 2025 and 8-week low of just below $90,000 during late trading on Monday, Jan. 13. The asset gained around $5,000 over the past 12 hours from that drop or so to tap the $95,000 level during trading in Asia on Tuesday morning. BTC is now back in the middle of […]<\/p>\n","protected":false},"author":0,"featured_media":35575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-35574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/35574"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35574"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/35574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/35575"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Bullposters Are Back<\/h2>\n
Elsewhere on Crypto Markets<\/h2>\n