$BTC Bitcoin has found support in the low 90K area (read my previous week's analysis). As long as 90K stays intact it is within reason to continue to have bullish expectations. Also wrote in the previous article that overly optimistic expectations are not in line with the developing price structure. Based on the inside bar formation that is developing now (see arrow), price is likely to test the 102,500 area minor resistance. IF it gets there, and what happens after is anyone's GUESS. The idea here is to be prepared for the coming week by coming to the market with a sense of context while at the same time being open to ANYTHING. The market decides what actually happens, the only thing we can do is adjust and follow.
I like to think of everything within a limited range of scenarios. "If this scenario, then that" or "if this other scenario, then that other outcome". For example, IF the current candle closes as a doji and the high is cleared over the next day, price is likely to squeeze into the next resistance area which happens to be in the 102Ks (see thin rectangle). This information can help you to prepare for bullish setups and confirmations on smaller time frames to capture a portion of the 4K point potential. This is where a confirmation tool like my Trade Scanner Po comes into play. You come to the market with an idea and the tool provides an objective confirmation with defined risk and profit objective.
BTC/USD forecast by TU is prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out BTC/USD price prediction for today.
5m
30m
1h
1d
More
Forecast:
Strong Sell
Moving average
Buy (2)
Sell (10)
Indicators
Buy (1)
Sell (8)
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To find a better entry point, also find out what Traders Union technical analysis tool signals for the Bitcoin to US Dollar currency exchange rate. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.
BTC/USD forecast by TU is prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out BTC/USD price prediction for today.
5m
30m
1h
1d
More
Forecast:
Strong Sell
Moving average
Buy (2)
Sell (10)
Indicators
Buy (1)
Sell (8)
Discover more
To find a better entry point, also find out what Traders Union technical analysis tool signals for the Bitcoin to US Dollar currency exchange rate. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.
#OnChainLendingSurge Bitcoin’s price has surged more than 140% in 2024, reaching the $100K milestone.
The rally was driven by the launch of Bitcoin Spot ETFs and the reduced supply following the fourth halving event in 2024.
The US presidential election victory of crypto-friendly candidate Donald Trump has further bolstered market sentiment for 2025.
Technical analysis and expert insights within the crypto space support a bullish outlook for BTC, with price targets exceeding $200K by 2025.
Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.
$BTC Bitcoin’s price has surged more than 140% in 2024, reaching the $100K milestone.
The rally was driven by the launch of Bitcoin Spot ETFs and the reduced supply following the fourth halving event in 2024.
The US presidential election victory of crypto-friendly candidate Donald Trump has further bolstered market sentiment for 2025.
Technical analysis and expert insights within the crypto space support a bullish outlook for BTC, with price targets exceeding $200K by 2025.
Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.
‘Very Dubious’ Speculation Suggests Bitcoin Could Follow Nasdaq ETF Rallies of 1999: Benjamin Cowen
Mark Emem
January 8, 2025

Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago.
In a new video, Cowen tells his 855,000 YouTube subscribers that the QQQ ETF hit a local top after going up by 150% in roughly one year following the launch of the ETF.
The QQQ ETF tracks the performance of the 100 largest non-financial firms listed on the Nasdaq stock exchange.
As the flagship digital asset approaches the first anniversary since the launch of the spot Bitcoin ETF, Cowen says the crypto king could replicate similar price action, though it’s unlikely to “play out the exact same way.”
“In 1999 the QQQ ETF launched in March and it rallied from around $48 to $120. And that Rally from $48 to $120 took about 54 weeks – $48 to $120…
…if you look at Bitcoin’s ETF, it launched at around $48,000… if you look at the launch of the spot ETF for Bitcoin it wicked up to $48,000 instead of down to it like it did with the QQQ [ETF]. But interestingly enough, 54 weeks later is January 20th – Inauguration Day [of President-elect Donald Trump], which is interesting because 54 weeks after this launch of the QQQ, it was 54 weeks later the QQQ went from like $48 to $120.
‘Very Dubious’ Speculation Suggests Bitcoin Could Follow Nasdaq ETF Rallies of 1999: Benjamin Cowen
Mark Emem
January 8, 2025

Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago.
In a new video, Cowen tells his 855,000 YouTube subscribers that the QQQ ETF hit a local top after going up by 150% in roughly one year following the launch of the ETF.
The QQQ ETF tracks the performance of the 100 largest non-financial firms listed on the Nasdaq stock exchange.
As the flagship digital asset approaches the first anniversary since the launch of the spot Bitcoin ETF, Cowen says the crypto king could replicate similar price action, though it’s unlikely to “play out the exact same way.”
“In 1999 the QQQ ETF launched in March and it rallied from around $48 to $120. And that Rally from $48 to $120 took about 54 weeks – $48 to $120…
…if you look at Bitcoin’s ETF, it launched at around $48,000… if you look at the launch of the spot ETF for Bitcoin it wicked up to $48,000 instead of down to it like it did with the QQQ [ETF]. But interestingly enough, 54 weeks later is January 20th – Inauguration Day [of President-elect Donald Trump], which is interesting because 54 weeks after this launch of the QQQ, it was 54 weeks later the QQQ went from like $48 to $120.
‘Very Dubious’ Speculation Suggests Bitcoin Could Follow Nasdaq ETF Rallies of 1999: Benjamin Cowen
Mark Emem
January 8, 2025

Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago.
In a new video, Cowen tells his 855,000 YouTube subscribers that the QQQ ETF hit a local top after going up by 150% in roughly one year following the launch of the ETF.
The QQQ ETF tracks the performance of the 100 largest non-financial firms listed on the Nasdaq stock exchange.
As the flagship digital asset approaches the first anniversary since the launch of the spot Bitcoin ETF, Cowen says the crypto king could replicate similar price action, though it’s unlikely to “play out the exact same way.”
“In 1999 the QQQ ETF launched in March and it rallied from around $48 to $120. And that Rally from $48 to $120 took about 54 weeks – $48 to $120…
…if you look at Bitcoin’s ETF, it launched at around $48,000… if you look at the launch of the spot ETF for Bitcoin it wicked up to $48,000 instead of down to it like it did with the QQQ [ETF]. But interestingly enough, 54 weeks later is January 20th – Inauguration Day [of President-elect Donald Trump], which is interesting because 54 weeks after this launch of the QQQ, it was 54 weeks later the QQQ went from like $48 to $120.
‘Very Dubious’ Speculation Suggests Bitcoin Could Follow Nasdaq ETF Rallies of 1999: Benjamin Cowen
Mark Emem
January 8, 2025

Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago.
In a new video, Cowen tells his 855,000 YouTube subscribers that the QQQ ETF hit a local top after going up by 150% in roughly one year following the launch of the ETF.
The QQQ ETF tracks the performance of the 100 largest non-financial firms listed on the Nasdaq stock exchange.
As the flagship digital asset approaches the first anniversary since the launch of the spot Bitcoin ETF, Cowen says the crypto king could replicate similar price action, though it’s unlikely to “play out the exact same way.”
“In 1999 the QQQ ETF launched in March and it rallied from around $48 to $120. And that Rally from $48 to $120 took about 54 weeks – $48 to $120…
…if you look at Bitcoin’s ETF, it launched at around $48,000… if you look at the launch of the spot ETF for Bitcoin it wicked up to $48,000 instead of down to it like it did with the QQQ [ETF]. But interestingly enough, 54 weeks later is January 20th – Inauguration Day [of President-elect Donald Trump], which is interesting because 54 weeks after this launch of the QQQ, it was 54 weeks later the QQQ went from like $48 to $120.
When is a good time to buy BTC? Should I buy or sell BTC now?
When deciding whether to buy or sell BTC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget BTC technical analysis can provide you with a reference for trading.
According to the BTC 4h technical analysis, the trading signal is Neutral.
According to the BTC 1d technical analysis, the trading signal is Strong buy.
According to the BTC 1w technical analysis, the trading signal is Strong buy.
Bitcoin is the world’s first cryptocurrency designed to operate decentralized over a blockchain. Unlike traditional currencies, it can be used as a store of value and for making digital payments without a central authority like a bank or a financial institution. The symbol BTC in the market represents Bitcoin.
While digital payments have existed for several years, Bitcoin stands apart due to its decentralization features. Instead of depending on the traditional financial infrastructure, transactions of Bitcoin take place on the blockchain on a peer-to-peer basis without the need for an intermediary authority.
When you invest in Bitcoin, you're buying a piece of this digital asset. Its value can change rapidly, offering both risks and opportunities. You can store Bitcoin in a digital wallet, and it’s secured through cryptography, making it safe from counterfeiting. Many see Bitcoin as a hedge against traditional financial systems and a way to diversify their investment portfolios.
$BTC The bitcoin price has plummeted toward $90,000 per bitcoin, dragging the wider crypto market lower and wiping away around $500 billion worth of value from the $3.2 trillion crypto market.
Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies—including solana and dogecoin—that crashed back by between 15% and 25%
Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery Cryptos | 12/23/2024 18:08:29 GMT The cryptocurrency market capitalization fell below $3.5 trillion on Monday, marking a 2.4% decline in the last 24 hours. Bitcoin (BTC) price declined 7.2% last week, recording its first weekly loss since Trump’s victory in the election on November 5. Chainlink (LINK), Hedera (HBAR), and AAVE emerged as top gainers over the weekend, with strategic bull traders stepping in to counter the market crash. The AI-Agents sector has captured media attention over the past week, with Pudgy Penguins and Virtuals Protocol (VIRTUAL) among the front-runners.
$BTC Buying BTC on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Bitcoin (BTC) for more information.
$BTC BITCOIN BLASTING UP PAST 105K SOON-Not saying enter bitcoin, I'm saying the market is bullish, & will only be getting more bullish! Strap in, & if new to the space, drop into X & say whats up, JoeBPackN posting daily for you!🍻
$BTC BITCOIN BLASTING UP PAST 105K SOON-Not saying enter bitcoin, I'm saying the market is bullish, & will only be getting more bullish! Strap in, & if new to the space, drop into X & say whats up, JoeBPackN posting daily for you!🍻
$BTC According to historical data at Investing.com, Bitcoin's price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011. Then in February, it crossed $1. Just a few months later, in May, it briefly exceeded $8 – a stunning 8-bagger in mere months!
$BTC The price of Bitcoin has increased by 0.09% in the last hour and decreased by 5.02% in the past 24 hours. Bitcoin’s price has also risen by 1.50% in the past week. The current price is BDT 11,658,530.06 per BTC with a 24-hour trading volume of BDT 15.98T. Currently, Bitcoin is valued at 6.07% below its all time high of BDT 12,412,341.17. This all-time high was the highest price paid for Bitcoin since its launch.
The current circulating supply of Bitcoin is 19,790,568 BTC which means that Bitcoin has as total market cap of 19,790,568.
$BTC Bitcoin (BTC) is the first cryptocurrency built on blockchain technology, also known as a decentralized digital currency that is based on cryptography. Unlike government-issued or fiat currencies such as US Dollars or Euro which are controlled by central banks, Bitcoin can operate without the need of a central authority like a central bank or a company. The decentralized nature allows it to operate on a peer-to-peer network whereby users are able to send funds to each other without going through intermediaries.