Bitcoin has seen a 4% rally this week, hinting at strong demand at lower levels. Despite a $242.3 million outflow from U.S. spot Bitcoin ETFs on January 2, inflows rebounded to $908.1 million the next day, suggesting investor optimism. Reduced selling pressure is evident as Bitcoin exchange inflows and miner outflows have decreased since November peaks. Analysts predict Bitcoin might consolidate between $95,000 and $110,000 through January. If Bitcoin surpasses $100,000, select altcoins could also rise. Investors are advised to conduct their own research before making trading decisions.
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