Will BTC prices continue to rise?
BTC recently rebounded from about $90,000 on January 11 to around $95,000 today, an increase of about 5-6%, marking a quick recovery in market sentiment after the New Year. The current price is fluctuating narrowly in the range of $95,300-$95,400, still in a moderate upward channel.
Main driving factors for the increase
This wave of rebound is not random, but the result of multiple positive factors overlapping.
Firstly, the resumption of capital inflow into spot Bitcoin ETFs is the core driving force. In the last two months of 2025 (November-December), the U.S. spot Bitcoin ETFs recorded a record net outflow of $4.57 billion, putting pressure on prices. However, as we entered 2026, the situation quickly reversed: on the first trading day, January 2, it attracted a net inflow of $471 million, and subsequently, the cumulative inflow significantly rebounded over several days. Some statistics show that the net inflow in the first half of January has exceeded $1.5 billion, with even large purchases exceeding $750 million in a single day (like a day in mid-January). Leading products such as BlackRock, Fidelity, and Bitwise contributed the most. This capital directly absorbed the selling pressure at lower levels and provided continuous buying support for prices, pushing BTC steadily from the $90k range up to $95k.