Can BTC price recover and surpass $100,000 this week?
Bitcoin is steadily approaching the $100,000 milestone as the cryptocurrency market turns bullish in January 2025. Bitcoin surged 1.42% in the past 24 hours to maintain its dominance above $96,000.
However, this gradual growth has not been met with significant institutional support from the ETF market. With BlackRock seeing its largest ever outflow, will Bitcoin price continue its upward momentum?
In the 4-hour chart, BTC price trend shows a bullish breakout of the local resistance trendline. With the reversal after the retest, BTC price bullishly recovered at the $96,000 level, marking its third consecutive up day.
BlackRock sees outflows as other Bitcoin ETFs recover Despite the bullish trend in the market, institutional support for Bitcoin continues to weaken. This has led to a net outflow of $242.3 million on a daily basis. Notably, the negative flow of the largest Bitcoin ETF BlackRock on Thursday was its largest outflow ever.
Bitcoin’s bulls may target the $99,455 pressure level. A breakthrough could significantly increase Bitcoin's chances of retaking the $100,000 mark in January 2025.
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The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.