While Bitcoin (BTC) may test the $100k level a few times in January 2025, its decisive breakout point will likely be end of January or early February. That’s because of a critical Fibonacci point on Bitcoin’s timeline.
RELATED – Bitcoin forecast 2025
The red line throughout our analysis, not just this particular ‘Can BTC break through $100k in January 2025’ but any analysis we do, is that the timeline plays a critical role.
99.9% of analysts focus on price analysis. They miss out on 50% of the insights on the chart. That’s because the chart has two axes – a price and time axis.
In this article, we look at the question about BTC breaking through $100k primarily from a timeline perspective.
BTC – the importance of $100k In January 2025
Posts like this one are justified – there is a reason why $100k is a psychologically important level – it’s a round number that cannot be easily exceeded. Think about it, if you were a trader managing 8-figure accounts, would you go all-in right below $100k?
PLAN hit $BTC
the big “traders” are confused lol https://t.co/kWa8uLslj2 pic.twitter.com/kz9hr2KrDr
— EliZ (@eliz883) January 6, 2025
What’s even more interesting is that some top influencers mention the word ‘concern’ as BTC is approaching $100k.
While our mental and emotional system would love to see always higher / always more / always rising prices, the reality is that markets move from support to resistance and back, until either the two gives up. Market dynamics 101.
Am slightly concerned where $btc has begun to stall here and am weary of something like this playing out below.
not only did we get a pump straight into the new year on day 1 but also another Monday open pump today.
am currently long, but not max long and definitely have… https://t.co/IxoALEhUXB pic.twitter.com/IW0s0qWpcd
— Bluntz (@Bluntz_Capital) January 6, 2025
What is it that both posts are missing?
Indeed, timeline analysis.
Can Bitcoin (BTC) break through $100k in January 2025?
The point about Bitcoin (BTC) is that it strongly correlates to Fibonacci retracement points, on its timeline.
Understanding this and practicing it requires a completely new mental framework, beyond price related Fibonacci analysis.
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There are also challenges that come with Fib timeline analysis, one important challenge to solve for is ‘which date exactly is the day to use to calculate the Fibonacci retracement.
We solve this problem mentioned above for our members, as we present them with the outcome of our timeline analysis in our premium crypto research alerts.
That said, Bitcoin has an important Fib mark on its timeline on Feb 5th, 2025.
So, we conclude, there will not be enough ‘momentum’ on Bitcoin’s timeline in January 2025. It will be about testing support and resistance, with solid support building a characteristic in January 2025, according to our Bitcoin analysis.
Can Bitcoin (BTC) Break Through $100k In January 2025?
Most likely, BTC will test $100k but it won’t convincingly break through it, not yet.
Even if BTC clears $100k, it will back test it once or twice in January 2025.
While we remain firmly bullish for crypto in 2025, we believe that January 2025 will come with a consolidation.
If strong and continued bullish momentum develops, it should happen in February, with January 2025 acting as the foundation on which momentum can be built at a later point in time.
CONTINUE READING – Will Bitcoin Ever Hit $1 Million?