{"id":7508,"date":"2025-01-14T07:02:04","date_gmt":"2025-01-14T07:02:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7508"},"modified":"2025-01-14T07:02:04","modified_gmt":"2025-01-14T07:02:04","slug":"bitcoin-bounces-back-to-95k-as-bullish-sentiment-returns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7508","title":{"rendered":"Bitcoin Bounces Back to $95K as Bullish Sentiment Returns"},"content":{"rendered":"<div>\n<p>Bitcoin has recovered from its 2025 and 8-week low of just below $90,000 during late trading on Monday, Jan. 13.<\/p>\n<p>The asset gained around $5,000 over the past 12 hours from that <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-plunges-to-90600-amid-declining-whale-activity-whats-next\/\" data-wpel-link=\"internal\">drop<\/a> or so to tap the $95,000 level during trading in Asia on Tuesday morning.<\/p>\n<p>BTC is now back in the middle of its range-bound channel that formed in mid-November, having bounced off the lower band support for the fourth time over the past month.<\/p>\n<h2>Bitcoin Bullposters Are Back<\/h2>\n<p>\u201cWe got the bounce, but the question is how much follow-through can we get?\u201d asked business consultant Jacob Canfield on X on Jan. 14.<\/p>\n<p>He added that it would be ideal if BTC could hold $92,000 to challenge the range high of $95,400.<\/p>\n<blockquote>\n<p>\u201cThis week will be vital to see if we can get any kind of a bullish close heading into next week before Trump\u2019s inauguration.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a> \u2013 We got the bounce but the question is how much follow through can we get?<\/p>\n<p>Ideal if we can hold $92,000 to challenge the range high at $95.4K.<\/p>\n<p>Getting a lot of SFP (swing fail patterns) at the lows on a lot of alts as well.<\/p>\n<p>This week will be vital to see if we can get\u2026 <a href=\"https:\/\/t.co\/6LnuGeq9ZG\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/6LnuGeq9ZG<\/a> <a href=\"https:\/\/t.co\/3o2Ndr7q52\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/3o2Ndr7q52<\/a><\/p>\n<p>\u2014 Jacob Canfield (@JacobCanfield) <a href=\"https:\/\/twitter.com\/JacobCanfield\/status\/1878911317437775890?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trader Bob Loukas <a href=\"https:\/\/x.com\/BobLoukas\/status\/1878839480519716929\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">asked<\/a> whether the Bitcoin low was in yet, arguing that it wasn\u2019t. \u201cSentiment is getting bearish, but permabull accounts are still saying \u2018buy now\u2019 vocally,\u201d he observed.\u00a0He added that a downside move to $80,500, a 50% Fibonacci retracement or 25% drawdown, \u201cwould be normal.\u201d<\/p>\n<p>BTC pulled back around 25% in January 2021, the year of the last bull market peak, so history may rhyme.<\/p>\n<blockquote>\n<p>\u201cFrom this point, above $99.9k is positive, and BTC should not trade back over $102.5k in this declining phase,\u201d he said before adding:<\/p>\n<p>\u201cBut as they say, this is a bull market, after all. So yeah, ultimately I\u2019m super bullish, the question is always just on what time frame.\u201d<\/p>\n<\/blockquote>\n<p>Meanwhile, Bitwise CEO Hunter Horsley <a href=\"https:\/\/x.com\/HHorsley\/status\/1878932368150729127\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">said<\/a> 2025 was the year for Bitcoin and crypto, which has \u201cSo many tailwinds and so few headwinds.\u201d<\/p>\n<p>Santiment reported that the top trending topics in crypto heavily revolve around Bitcoin\u2019s temporary drop under $90,000 and Trump\u2019s inauguration next week.<\/p>\n<p>\u201cRegarding the former, the fact that \u2018$90K\u2019 was being spammed across social media was a great fear signal that would foreshadow a bounce,\u201d analysts said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ufe0f The top trending topics in crypto are heavily revolving around Bitcoin\u2019s temporary drop to under $90K and Trump\u2019s inauguration next week. Regarding the former, the fact that \u2018$90K\u2019 was being spammed across social media was a great fear signal that would foreshadow a bounce. <a href=\"https:\/\/t.co\/gL2GY1Lm6S\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/gL2GY1Lm6S<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1878978296236630141?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Elsewhere on Crypto Markets<\/h2>\n<p>Total market capitalization remains at $3.43 trillion, where it was this time yesterday following the recovery bounce.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/ethereum-bulls-eye-20k-despite-recent-slump-and-supply-inflation\/\" data-wpel-link=\"internal\">Ethereum<\/a> hasn\u2019t recovered as much following its <a href=\"https:\/\/cryptopotato.com\/ethereum-bulls-face-185m-in-liquidations-as-eth-price-slumps-to-2-month-low\/\" data-wpel-link=\"internal\">brief dip<\/a> below $3,000 and was trading at $3,180 at the time of writing, down almost 14% on the week.<\/p>\n<p>Altcoins were mixed with a few in the green, including Dogecoin (DOGE), Sui (SUI), Hedera (HBAR), and Hyperliquid (HYPE).<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-bounces-back-to-95k-as-bullish-sentiment-returns\/\" rel=\"nofollow\">Bitcoin Bounces Back to $95K as Bullish Sentiment Returns<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has recovered from its 2025 and 8-week low of just below $90,000 during late trading on Monday, Jan. 13. The asset gained around $5,000 over the past 12 hours from that drop or so to tap the $95,000 level during trading in Asia on Tuesday morning. BTC is now back in the middle of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7508","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7508"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7508\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}