Author of the news: Crypto Emergency
Bitcoin has completed a prolonged sideways movement and confidently risen above the range of $94,000–$96,000. On January 13, the price reached $97,939 on the Bitstamp exchange, corresponding to a growth of 6.36% over two days.
Technical picture: signal for continued growth
Analyst Crypto Candy notes that Bitcoin is attempting a sustainable breakout from the narrow channel of $94,000–$96,000 for the first time in two months. The breakout will be considered confirmed if the price holds above $94,000 and continues to move upward. In this case, the nearest target is around $107,000. However, if the asset does not hold above the key zone, the movement may turn out to be false and lead to a pullback.
The creator of the quantile model Plan C also notes the completion of the accumulation phase. According to him, the market is emerging from a two-month range, which historically often precedes the formation of a new trend.
Trader Daan Crypto Trades emphasizes the importance of holding the area $93,000–$94,000. The first serious resistance is the zone $98,000–$99,000, which has repeatedly served as support in 2025.
Corporate demand is hitting historical highs
According to trader BitBull, corporate Bitcoin reserves have increased by 260,000 BTC over the past six months — from 854,000 to 1.11 million coins. This is about 43,000 BTC per month, equivalent to over $4 billion of sustained demand — a record figure for the institutional segment.
Comparison with the metals market: Bitcoin remains undervalued
Analyst Michael van de Poppe draws parallels with the dynamics of gold and silver. If gold continues to rise and silver approaches $100, then Bitcoin, in his opinion, is capable of showing an even stronger movement after updating its historical maximum. He considers BTC one of the most undervalued assets of the current cycle.
Fundamental and technical factors are creating the groundwork for the trend
A combination of technical signals, increasing corporate demand, and exiting key ranges creates conditions for the continuation of Bitcoin's upward movement in the coming weeks.
AI opinion: there are also risks
Machine analysis of historical data shows that January breakouts are often unstable: about 60% of such movements in the past reverted to the original range by the end of February. Despite impressive corporate demand, 43,000 BTC per month is only 0.2% of the total supply, which remains relatively small for a market with a capitalization of almost $2 trillion. Historical patterns also indicate that powerful bull trends usually begin against the backdrop of higher trading volumes. Additional uncertainty is created by the Fed's policy and geopolitical factors. The main question is whether the market can confirm analysts' optimism during the first serious stress test.
