Is The Bull Market Back?
The post Is The Bull Market Back? appeared on BitcoinEthereumNews.com.
Key points: Bitcoin is showing considerable strength in the short term, opening the gates for a rally to $100,000 and then to $107,500. Select major altcoins are showing strength, but Monero (XMR) is leading from the front. After the sharp rally on Tuesday, Bitcoin (BTC) bulls are attempting to extend the gains above $97,000. The strong inflows of $753.8 million in BTC exchange-traded funds on Tuesday, according to Farside Investors data, show that the rally was backed by solid buying from institutional investors. Crypto sentiment platform Santiment said in a post on X that retail traders may FOMO if BTC begins “teasing $100k in the next few days.” Another bullish case was presented by crypto analyst Midas, who said in a post on X that BTC’s current structure is following the 2020-2021 cycle. If history repeats, BTC may reach $150,000. Crypto market data daily view. Source: TradingView However, not everyone is outright bullish on BTC. Global investment manager VanEck said in its Q1 2026 Outlook that BTC’s four-year cycle broke in 2025, which supports “a more cautious near-term outlook over the next 3-6 months.” Select analysts from the company differed in their view, “remaining more constructive on the immediate cycle,” the report said. What are the target levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out. Bitcoin price prediction BTC rallied above the $94,789 resistance on Tuesday, but the breakout is facing selling near the $96,846 level. BTC/USDT daily chart. Source: Cointelegraph/TradingView The upsloping 20-day exponential moving average (EMA) ($91,418) and the relative strength index (RSI) near the overbought zone signal that bulls are in control. A close above the $96,848 level clears the path for a rally to $100,000 and subsequently to $107,500. The first…
Filed under: News - @ January 15, 2026 7:21 am