Bitcoin’s (BTC) Future Hinges on These 2 Key Levels

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<a href="https://thbusd.com/btc-usd/">Bitcoin</a>’s (<a href="https://jpykr.com/btc-usd/">BTC</a>) Future Hinges on These 2 Key Levels

As a crypto investor, I’m watching Bitcoin closely right now. It’s been trending upwards in a pretty clear channel, and it feels like we’re at a crucial moment. Analysts are looking at two key price points: if Bitcoin breaks above $105,000, that likely means the upward trend will continue. But if it drops below $83,000, that could signal a bigger shift in the market and a potential downturn.

Key Bitcoin Price Levels Under Watch

EGRAG CRYPTO reports that Bitcoin is currently experiencing a period of consolidation near the bottom of its upward trend. While the overall trend is still intact, they note that selling pressure is increasing.

“A weekly close above $105K confirms strength,” EGRAG noted.

If this occurs, the price could rise to between $180,000 and $210,000. However, analysts cautioned that falling below $83,000 at the end of the week would signal a downward trend and potentially indicate a weakening market.

Bitcoin’s price continues to follow its current pattern. It peaked at $98,000 on Thursday but dipped a bit after news about delays in related legislation. However, it’s still above $96,000 and has gained more than 6% this week.

Price Movement and Market Conditions

Despite growing caution in the overall financial markets, Bitcoin is currently performing better than many other investments. The entire cryptocurrency market is valued at $3.34 trillion, and Bitcoin accounts for more than 57% of that total.

According to Rekt Capital, Bitcoin’s price is behaving like it did in late November 2024. They predict Bitcoin could close the week around $97,000, but then briefly drop back to $93,500 next week. They also point out that while Bitcoin is near key moving averages that suggest a bull market, these levels haven’t been fully confirmed as reliable support yet.

#BTC

Although the Exponential Moving Averages from the recent bull market seem to be potentially acting as resistance, past performance indicates Bitcoin is likely to move past them.

Historically, Bitcoin has difficulty maintaining these levels as support, and a downward crossover of the Exponential Moving Averages could signal a further decline.

— Rekt Capital (@rektcapital) January 14, 2026

Bitcoin is also currently being tested against important moving averages. Analyst Merlijn The Trader notes that Bitcoin has risen above its 50-day moving average, and if it can stay above this level, it suggests prices could continue to climb. The next price level to watch for potential resistance is the 100-day moving average.

Whales in Control, Retail Cools Off

CW reported that major investors are still driving most of the trading activity. With fewer small investors buying, prices could fall more quickly if the market declines.

“Retail investors have very little influence,” they stated.

Interestingly, data from CryptosRus indicates that long-term cryptocurrency holders are selling off fewer of their holdings. They’ve observed a decrease in selling activity among those who’ve held coins for five years or more, suggesting a shift in behavior compared to previous market cycles.

OG BITCOIN SELLING IS DRYING UP

This chart is noteworthy because it shows how much Bitcoin is being moved by its earliest adopters – those who’ve held their coins for at least five years without using them.

At the beginning of this market cycle, original investors (OGs) were quite active in selling their holdings. Interestingly, the amount they sold was actually higher than during the previous cycle, which was somewhat expected given the circumstances.

— CryptosRus (@CryptosR_Us) January 15, 2026

This change might temporarily decrease the amount of Bitcoin available. If people continue to buy Bitcoin at the same rate, but fewer older coins are being sold, the price could stabilize or even increase.

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2026-01-15 18:17