- Bitcoin -price rose to $ 102k as the buying pressure increased, signaling that was shown at the highest point
- Strong market participation and positive sentiment suggested that Bitcoin could soon challenge new resistance levels
Bitcoin -Price: recent performance and market dynamics
Bitcoin has shown resilience, with its price climbing to $ 102,837. Since November there has been a gradual uptrend, characterized by consistently higher lows. The RSI is currently at 55.69, which indicates neutral momentum with room for growth.
ObV trends suggest increasing accumulation, so that the purchasing pressure may be fueled.
Source: TradingView
The recent increase can be attributed to the new Pro-Crypto US Administration, so that the renewed interest in investors arouses.
Historically, January often acts as a foundation month for bull runs, making it a stage for potential rallies.
In combination with positive sentiment and historical patterns, Bitcoin’s upward process can soon be confronted with tests on psychological resistance levels.
Buy Printrebounds
The Delta graph of Buy/Sell Thop has been showing significant fluctuations in market sentiment in recent days.
In particular there was a strong increase in purchasing pressure around January 24, coinciding with a price die to $ 106k.
However, this momentum was of short duration as the sales pressure increased, which led to a sharp fall below $ 100k on January 27. This decrease was accompanied by a high trade volume, which indicates heavy liquidation and potential stop-loss triggers.
Source: Alfractaal
As Bitcoin $ 98k approached, buy pressure returned considerably, tailored to the current recovery to $ 102k. This suggests that buyers intervene at important support levels, which strengthens the trust of the market.
If this trend continues, Bitcoin can stabilize above $ 102k and try a new outbreak in the direction of the previous resistance level of $ 106k.
The trade volume is in line with these shifts, which indicates strong market participation during both rallies and corrections. This refers to increased investor activity.
Read Bitcoin’s [BTC] Price forecast 2025–2026
Market sentiment analysis
Bitcoin’s Exchange Inflow offers valuable insight into the sentiment of investors. Recent data suggest a relatively stable trend.
Historically, large spikes in exchange flows often precede sale, because investors move BTC to exchange for possible liquidation.
However, the current intake remains moderate despite the Bitcoin meeting beyond $ 102k, indicating that holders do not hurry to sell, which strengthens bullish sentiment.
Source: Cryptuquant
At the time of writing, the Fear & Greed Index was 72 and placed the market firmly in the ‘greed’ zone.
This suggests strong confidence in investors, but also evokes caution, because high greedy levels can precede corrections.
If the inflow remains stable and greed does not overload, Bitcoin can keep his momentum, with the potential to challenge new highlights.