The inaugural month of 2025 has drawn to a close with Bitcoin (BTC) maintaining its trajectory within the price band observed post the US elections, inching nearer to two historic closing candles. Market pundits have speculated that the market might be contented with the positive news at present.
Keeping recent corrections aside, Bitcoin has been hovering within the $90,000-$108,000 bracket since December 2024, chiefly consolidating midway through its price range. Some experts have commended the leading crypto’s performance this month, underlining that it has rarely strayed far from the $100,000 milestone.
Furthermore, its recent bounce back to the $104,000-$105,000 band is setting the scene for an unprecedented monthly and weekly candle. As stated by analyst Rekt Capital, Bitcoin is on the brink of concluding the month over the $100,000 mark, thereby “etching a new Monthly Candle to affirm a breakout from its Monthly Bull Flag.”
Bitcoin is also poised for a “historic Weekly Close” if it wraps up the week over $104,416. The analyst mentioned that similar closes above significant weekly resistance at this juncture of the cycle have traditionally been followed by a “sustained upside to new all-time highs.”
However, Rekt Capital also conjectured that BTC is likely gearing up for the second phase of its Post-halving Parabolic Phase, indicating a new Price Discovery rally around mid-February. This second phase traditionally commences around the 16th week of the Parabolic Phase, while BTC is currently in its 14th week, recovering from the First Price Discovery Correction.
As per this timeline, the leading crypto is anticipated to continue rallying for another week or so, and investors are advised to “patiently HODL” BTC.
Another market observer noted that Bitcoin has been “immobile in rage for some time now,” hinting at a possible bullish momentum following the FOMC news. The trader believes that the absence of substantial price movement implies BTC’s price will “remain steady in the upcoming few days.”
Aurelie Barthere, Principal Research Analyst at Nansen, recently shared her thoughts on the current state of the market. She suggested that the market seems to be “satisfied for now,” as most of the latest bullish news has been seemingly overlooked.
Significant regulatory changes, including the revocation of SAB 121 and the executive order for a US Crypto Stockpile, have been “extremely bullish” and are likely to propel broader crypto adoption. Furthermore, Elon Musk’s Department of Government Efficiency (DOGE) is reportedly contemplating public blockchain to monitor and manage public expenses.
However, this news has largely been disregarded, leading to “underwhelming price action by BTC and the rest of the crypto market.” This insinuates that the market is temporarily satiated and “more responsive to negative sentiment than positive news.” Barthere pointed out how the DeepSeek-triggered pullback from Monday reverberated through the crypto market.
Based on the price and volume action following the shakeout, the analyst observed “a somewhat shaken buyers’ confidence,” resulting in a initially timid recovery. Nonetheless, unlike other higher-beta tokens, Bitcoin experienced a brief and mild intra-day sell-off on Monday, which “indicates an interesting level of ‘dispersion’ between tokens, with BTC still the favorite token of this new, policy-driven, market environment.”
