Bitcoin Price Analysis: BTC Nears $95,000 As Traders Eye Breakout Rally
Bitcoin (BTC) briefly crossed $94,000 on Monday, reaching an intraday high of $94,757 before moving to its current level. The flagship cryptocurrency is up nearly 1% over the past 24 hours, trading around $93,521.
Bitcoin has risen 6% since tensions between the US and Venezuela escalated, culminating in military action. However, analysts remain divided about whether the rally is due to TradFi panic or a long-term sentiment change. Analysts believe the rally is largely due to investors repositioning themselves, with current market conditions being supportive of risk assets like Bitcoin.
Bitcoin (BTC) Could Top 2025 Peak Soon
Bill Miller IV, chief investment officer at Miller Value Partners, believes Bitcoin is set to rally above its all-time high as the market builds a stronger base, with the market signalling a friendlier outlook towards digital assets. However, Miller played down talk about the Venezuelan crisis having a big impact on crypto prices.
Well, I think Venezuela is going to be a blip on the radar in the long run. Disinflation has been the story of economic history for 800 years, which is why Bitcoin is a particularly interesting asset to own.
Miller highlighted a shift in regulations and an acceptance of blockchain infrastructure as key factors driving Bitcoin’s resilience. He also said the current setup looks geared for a rally.
It looks like it’s ready to go again. I personally expect it to break out to a higher high than its all-time high from the fall.
Miller also dismissed Bitcoin’s relatively weak recent price action, stating,
It was down 6% in 2025. For an asset with that level of volatility over the long run, that’s not a big deal.
Metaplanet Shares Rally 10%
Metaplanet shares soared over 10% on Tuesday, and Bitcoin and the broader cryptocurrency market pushed Bitcoin treasury stocks higher. The Japanese firm’s stock rallied 10.7% after strong gains in its US-traded shares. The company also disclosed another Bitcoin buy in Q4, while Strategy and MARA Holdings also boosted their reserves towards the end of 2024.
Crypto ETFs Record Substantial Inflows
Meanwhile, US-listed crypto ETFs recorded substantial inflows as demand for Bitcoin and Ethereum products escalated. Breaking down inflows, spot Ethereum ETFs registered a combined net inflow of $168 million on January 5, taking the total inflows in 2025 to over $340 million, with BlackRock’s ETHA and Fidelity’s FETH leading the charge. Meanwhile, spot Bitcoin ETFs recorded a net inflow of $697 million, driven by BlackRock’s IBIT and Fidelity’s FBTC.
Strategy Sitting On $17.4 Billion Q4 Unrealized Loss
Michael Saylor’s Strategy has reported a $17.44 billion unrealized loss on its digital asset holdings for Q4 2025, ending December 31, 2025. Strategy’s 8-K filing also revealed a $5.01 billion deferred benefit tied to the quarterly loss, giving investors an insight into accounting swings with crypto prices. The company also reported a $5.40 billion unrealized loss on digital assets for the year ending December 31, 2025, along with a $1.55 billion associated deferred tax benefit.
Despite the substantial unrealized loss, Strategy has doubled down on its Bitcoin strategy, accumulating 1,283 BTC between January 1 and January 4, for $116 million. The latest acquisition takes Bitcoin’s aggregate holdings to 673,783 BTC. The firm funded its latest acquisition through stock sales under its at-the-market program, using proceeds from the sale of its Class A common stock. The company sold 735,000 shares between January 1 and January 4.
Bitcoin (BTC) Price Analysis
Bitcoin (BTC) posted its fifth consecutive green candle on Monday, rallying past $93,000 to $93,870. However, the rally stalled after reaching an intraday high of $94,825, as selling pressure around $95,000 forced the price back below $94,000. BTC is marginally down during the ongoing session, trading around $93,772.
Bitcoin dominance remained at elevated levels as traders remained cautious and avoided risk-taking behavior. Blockchain analytics firm Santiment has said that Bitcoin whales are accumulating again while retail investors are locking in their profits. Santiment believes such a scenario could set the stage for upward momentum across the crypto market. According to the analytics firm, the crypto market tends to follow large whale wallets, usually moving in the opposite direction of small retail traders. Whale wallets typically hold between 10 and 10,000 BTC, while retail traders hold less than 0.01 BTC.
According to Santiment’s analysis, whale wallets have accumulated 56,227 BTC since mid-December. The platform described the accumulation period as a local bottom, stating that even as prices remained flat, whale accumulation created a bullish divergence that could produce a minor breakout.
The flagship cryptocurrency surged past $90,000 after trading sideways for weeks, with the market waiting for a decisive breakout or breakdown. BTC reached a weekly high of $94,800 on Monday, renewing debate about a retest of the $100,000 mark.
BTC started the previous week in the red despite reaching an intraday high of $90,325, losing momentum, and settling at $87,110, down almost 1%. The price recovered on Tuesday, rising 1.48% to $88,397. However, selling pressure returned on Wednesday as BTC fell 1.02% to $87,497. Bullish sentiment returned on Thursday as the price rose 1.42% to $88,738. Buyers retained control on Friday as BTC rose 1.37% and settled at $89,957.
Source: TradingView
Price action remained positive over the weekend as BTC rose 0.71% on Saturday and 0.99% on Sunday to reclaim $90,000 and settle at $91,494. Bullish sentiment intensified on Monday as BTC rose nearly 3%, crossing $93,000 to $93,870. The flagship cryptocurrency is marginally down during the ongoing session, trading around $93,641. The RSI and MACD show clearly that bulls have the upper hand. BTC will attempt to clear the $95,000 mark should bullish sentiment persist. A break above this level could set up a retest of the $100,000 level.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.