Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitutes a solicitation, recommendation, endorsement or any financial, investment or other advice. Seek independent professional advice in the form of legal, business and financial advice before making any investment decision.
- Bitcoin is up 3.53% today against the US dollar
- BTC/ETH is down -2.26% today
- Bitcoin is currently trading 7.48% below our January 29, 2025 prediction
- Bitcoin gained 7.03% in the past month and is up 162.46% since 1 year ago 1 year ago
| Bitcoin price | $105,510 |
| Bitcoin prediction |
$114,043 (8.35%) |
| Feelings |
Ascension |
| Index of fear and greed |
75 (greed) |
| Key support levels | $101,390, $98,740, $96,205 |
| Key resistance levels | $106,575, $109,110, $111,760 |
BTC price is expected to rise by 8.35% in the next 5 days according to our Bitcoin price forecast
According to Bitcoin price prediction, BTC is expected to reach a price of $114,043 by January 29, 2025. This represents a price increase of 8.35% for BTC in the next five days.
BTC price prediction chart
Buy/Sell Bitcoin
What’s been happening with Bitcoin in the last 30 days
Bitcoin has been displaying a positive trend recently, with the coin gaining 7.03% in the last 30 days. Bitcoin’s medium-term trend has been bullish, with BTC increasing by 57.31% in the past three months. The long-term picture for Bitcoin has been positive, with BTC currently displaying a price change of 162.46%. On this day last year, BTC was trading at $40,201.
Bitcoin reached its all-time high price on January 20, 2025, when the BTC price peaked at $109,079. BTC’s current cycle high is $109,079, while the low cycle is at $100,480. BTC has been showing low volatility recently – the coin’s 1-month volatility is at 3.92. Bitcoin has recorded 18 green days in the last 30 days.
Bitcoin technical analysis for today – January 24, 2025
Sentiments in Bitcoin markets are currently bullish, and the Fear & Greed indicator is reading Greed. The most important support levels to watch are $101,390, $98,740 and $96,205, while $106,575, $109,110 and $111,760 are the major resistance levels.
Bullish sentiment for Bitcoin
27 indicators are currently indicating a bullish forecast for Bitcoin, while 2 indicators are showing a bearish forecast. With 93% of indicators favoring a positive forecast. This generally results Ascension Bitcoin sentiment.
The crypto market is currently experiencing greed
Currently, the fear and greed index is in 75 (greed)Which indicates that investors have a positive outlook on the market. The Fear & Greed Index is a measure of sentiment among cryptocurrency investors. A reading of “Greed” indicates that investors are currently optimistic about the cryptocurrency market, but it can also be an indicator that the market is overvalued. On the other hand, a reading of “Fear” indicates that investors are currently hesitant in the cryptocurrency market, which potentially represents a buying opportunity.
Bitcoin Average Average and Oscillators
Let’s take a look at what some of the most important technical indicators indicate. We will go through the main moving averages and oscillators that will allow us to get a better idea of how Bitcoin is positioned in the market at the moment.
| a period | Simple daily | Daily exponential | Simple weekly | Weekly exponential |
| MA3 | $100399 (He buys) | $98,019 (He buys) | – | – |
| MA5 | $101,716 (He buys) | $96,956 (He buys) | – | – |
| MA10 | $102,597 (He buys) | $96,430 (He buys) | – | – |
| MA21 | $99,118 (He buys) | $96,513 (He buys) | $97,040 (He buys) | $84,762 (He buys) |
| MA50 | $98,545 (He buys) | $94,653 (He buys) | $79,733 (He buys) | $70,835 (He buys) |
| MA100 | $89,644 (He buys) | $88,129 (He buys) | $57,062 (He buys) | $57,758 (He buys) |
| MA200 | $75,423 (He buys) | $78,763 (He buys) | $45,059 (He buys) | $45,051 (He buys) |
| a period | value | an act |
| RSI (14) | 60.69 | neutral |
| Stoch RSI (14) | 93.60 | He sells |
| Fast Stochastic (14) | 71.91 | neutral |
| Commodity Channel Index (20) | 66.67 | neutral |
| Average trend indicator (14) | 12.76 | neutral |
| Awesome Oscillator (5, 34) | 6534.11 | neutral |
| Momentum (10) | 9,230.07 | neutral |
| MACD (12, 26) | 827.48 | neutral |
| Williams percent range (14) | -28.09 | neutral |
| Final oscillator (7, 14, 28) | 52.33 | neutral |
| Foma (10) | 101,820.15 | He buys |
| Moving average of the body (9) | 105,248.60 | He sells |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 99,539.51 | neutral |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently in a state of hyper timing. The RSI of 14 for Bitcoin is 60.69, which indicates that BTC is currently neutral.
The 50-day simple moving average (SMA 50) takes into account Bitcoin’s closing price over the past 50 days. Currently, Bitcoin is trading below the 50 SMA trend line, which is a bearish signal.
Meanwhile, the 200-day simple moving average (SMA 200) is a long-term trend line calculated by taking the average closing price of BTC for the past 200 days. BTC is now trading below the SMA 200, indicating that the market is currently bearish.
The bottom line about this Bitcoin prediction
After considering the above factors, we can conclude that the current predictions for Bitcoin price prediction are good Ascension. BTC would have to increase by 8.35% to hit our $114,043 target within the next five days. Moving forward, it will be important to monitor BTC market sentiment, key support and resistance levels, and other metrics. However, we have to keep in mind that cryptocurrency markets are unpredictable, and even the largest crypto assets exhibit a lot of price fluctuations. For long-term Bitcoin price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitutes a solicitation, recommendation, endorsement or any financial, investment or other advice. Seek independent professional advice in the form of legal, business and financial advice before making any investment decision.
