The BTC rate today finally managed to consolidate above the level of $98,433 and immediately went to test the next volume level, $99,481. It has now reached $100,000.

Let us recall excerpts from our Saturday review, which we wrote on January 4:

"... $97,553-$98,433 is the defining range. In short, we allow for further growth today and tomorrow at the most, and then a correction across the entire market (altcoins will not go against the fall of the main cryptocurrency), if the BTC price does not consolidate above $98,433 these days...

… The key resistance for bulls in case of consolidation above $97,553-$98,433 is the nearest, next volume level of $99,481. Closing above it with the body of the daily candle will be a strong signal for bulls. With further development of the buyers' attack, it will be important to break through only one level - $101,376 - to update the ATH. Further movement can be very fast, because there are few horizontal volumes above.

We won’t even consider the bearish scenario until the price is above the volume level of $95,665.”

While admitting the risk of correction, we also wrote that “If the structure is preserved and the price then goes above $98,433, we can expect continued growth until at least January 8-10.”

The price eventually closed yesterday just under $98,433. But right after that, at night, the bulls took over the initiative and led the price to test that same volume level of $99,481. The price spent three 4-hour candles under it and now showed a breakout by impulse.

WHAT'S NEXT? It is very important that today the price of #BTC, as already warned, has moved into a stable uptrend on the 12-hour TF. So far breaking the signal of a potential high on this TF. Basic targets that have not yet been reached: $102,543 and $104,795.

The volume level of $101,376 is still very important. If it is broken, a sharp acceleration is possible. On the daily TF, for a chance to break the stable downtrend, it is necessary to close above $100,615.

For now, we believe that for altcoins,#BTCgrowth above $101,376 is the only chance to break the signals of a potential high on the 12-hour TF. But even if there is no break, we expect growth across the market. Just with a small rollback.