In January 2025 Bitcoin keeps its forward movement while triggering questions on how close it is to new price heights. People in the market pay close attention to BTC’s next steps because BTC has achieved important resistance levels. Markets now wonder if this will become the launch point of another major bull market.
The Bitcoin price movement shows investors that the situation will benefit them. Bitcoin stays at $104050 US dollars because it crossed past the important 104000 price barrier today. After dropping to $89,000 Bitcoin returned to life by testing its 50-day EMA and increasing again.
Bitcoin Targets $115K After Clearing $105K Resistance
Historically important at $105,000 this resistance area stands as the biggest challenge ahead. When BTC moves past $105000 experts expect it to reach $110000 to $115000 due to price milestones and market tendency patterns. Conversely, support levels have shifted: The recent $100,000 price level shifted from being a barrier to becoming a substantial support point. When BTC falls under $95,000 it may stay at $95,000 for price consolidation or return to test $90,000.
Bitcoin’s bullish push continues because it outperforms moving averages plus trading volume keeps rising. Strong buying activity supports traders belief that the market is strong as it moves upward.
Bitcoin performed strongly in 2025 under both economic conditions and national policies. The incoming Donald Trump presidency drives investors to strengthen their positions in the cryptocurrency market. His administration will back digital assets because it has chosen two supporters of crypto to lead positions.
The U.S. government’s recently announced executive orders indicate its readiness to promote blockchain technology and digital currencies into the financial system.
Institutional funds from large pension institutions now put serious money into Bitcoin-backed exchange-traded funds (ETFs). Large financial institutions from BlackRock and Grayscale use their regulated ETFs to enter Bitcoin as businesses begin to see it as an accepted investment asset.
Bitcoin shows bright immediate market potential because market conditions have strengthened and policymakers now support it. BTC has a chance to test new price levels above $115,000 when it pushes through its current $105,000 resistance barrier.
Investors need to always watch technical charts and global money updates because they control what Bitcoin does next week.
FAQs
1. Why is Bitcoin bullish now?
BTC jumped past $104K by combining high trading momentum with helpful crypto rules for investors.
2. What are the vital support and resistance levels for Bitcoin right now?
Resistance: $105K. Targets: $110K–$115K. Support: $100K, $95K, $90K.
3. What effect does institutional participation have on Bitcoin?
BlackRock pension funds and Grayscale investment trusts make Bitcoin more dominant in the market.
4. What influence does US policy have on Bitcoin?
A government that supports Bitcoin development through fair regulations helps Bitcoin expand worldwide.
