Thirteen days after Donald Trump's inauguration, the Crypto euphoria seems to have taken a cold. Bitcoin, this capricious diva of digital markets, stumbles below $ 100,000. Analysts, who hoped for a presidential sleight of hand in favor of the Crypto market, are actually facing a mirage. A correction is underway, and some even fear a bear trap in ambush …
A price of the BTC under pressure: correction or red alert?
The Bitcoin course, which had crossed the $ 102,000 in January, relapse. A banal breathing of the market? Not so sure. Ryan Lee, analyst at Bitget Research, warns against a descent to $ 95,000a critical area where the immediate future of crypto-shad is played out.
In question, the new economic tensions: Donald Trump, faithful to himself, has drawn customs prices on Chinese, Canadian and Mexican imports. What to cool the ardor of investors.
At the same time, the crypto market holds its breath in Waiting for the report of the American work statistics officescheduled for February 7. A weakening of the job market could encourage the Fed to soften its monetary policy, a scenario that would benefit Bitcoin.
But for the time being, uncertainty dominates. As @thecryptoxprespres pointed out:
“” Bitcoin is rejected by the resistance line of a descending triangle. The Ichimoku Cloud remains a strong barrier. A confirmed breakout or breakdown is necessary to determine the next direction. »»
Between bear trap and simple break before recovery, the suspense is at its height.
Bitcoin: Between records and turbulence
If the current correction is worried, it should not be forgotten that the BTC has signed UNo month of historical January. For the first time, he closed over $ 100,000, even reaching $ 102,412, 6 % better than his previous November 2024 record.
This symbolic milestone could have augur a continuous ascent … but the market has its moods.
Experts remain divided. Some, like Sensei, believe that the current decline is onlya simple ” Bear Trap »»a manipulation aimed at panicing investors before a new flight.
Others scrutinize the RSI indicator with circumspection: according to @pladizow, in the previous cycles, the BTC peak occurred about a year after a first cross of the RSI above 70. However, this time, the indicator crossed this threshold a second time, revealing a potential summit in November.
Analysts' forecasts for 2025 oscillate between:
- $ 160,000 with a “prudent” objective;
- 180,000 dollars and more for the most optimistic;
- Increased volatility due to Fed decisions;
- A key role in Bitcoin ETF, which already exceeds $ 125 billion in assets.
Suffice to say that the roller coaster is not ready to stop.
Finally, despite this momentary drop, the king of crypto should not be burying too quickly. In January, the BTC exploded an ATH at around $ 109,000 and saw its dominance climb 15.5 % to 59 %. Altcoins are struggling to keep pace.
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