Greetings to you on the crypto site. My name is Viktor and today I will share my opinion about #bitcoin, #btc-usdt, using the TradingView service, here Prediction Bitcoin this week, 20-01-2025
Prediction Bitcoin
Bitcoin at the start of 2025: forecasts, risks and growth prospects
📊 Introduction: Why this week is important for Bitcoin
Monday, January 20, 2025, marked the beginning of a new phase for the cryptocurrency market. In this article, I will share my forecast for Bitcoin for this week and consider the key factors affecting the market. An important trigger for this period is the inauguration in the US, which may become a catalyst for the growth of the BTC price.
🧩 Section 1. Current state of Bitcoin and market capitalization
- Current statistics: Bitcoin’s monthly growth is 8.5%. This is a rather weak growth, considering the market potential.
Expectations: In the next two months, growth is expected to continue with more powerful dynamics (up to +30–40%).
Risk indicators: - Bitcoin is in the orange zone, which indicates a high risk of purchases. Other assets, such as Ethereum and Polkadot, are still showing less risk.
🔍 Section 2. Analysis of indicators and investor sentiment
- Stock-to-Flow Model:
- The current trend indicates the possible formation of a single top. If this structure persists, we can expect a significant increase in the value of BTC.
Analysts’ opinions: - Most traders predict growth. The main ideas on the platforms are now set for an upward movement, although a month ago there was a bearish sentiment.
📈 Section 3. Factors affecting the course change
- Gold:
- There is a decrease in interest in gold, which may stimulate investors to transfer funds to cryptocurrencies.
The OsMA indicator shows a red dot, which signals the beginning of a decline in gold.
Stock market (S&P 500): - The index shows a downward reversal. This may be a factor for the flow of funds into the cryptocurrency market.
Bitcoin Dominance: - After a long growth, there is a noticeable slowdown. There is a possibility that BTC dominance will remain stable for another month or two before the altcoin season begins.
🔮 Section 4. Weekly Forecasts
Short-term forecast: After a correction to $99,000, a move to $110,000 is expected this week.
Technical signals:
- The monthly timeframe shows positive signs for continued growth.
- The daily chart indicates the end of the correction and the beginning of a new upward momentum.
📢 Conclusions: What should investors do?
Bitcoin remains the main focus for investors. Its movement sets the tone for the entire market.
Altcoins are still in the waiting phase. Their time will come after BTC reaches its maximum values.
Investors are advised to conduct their own analysis and weigh the risks, as the market remains volatile.
Read more about cryptocurrency market forecasts and analytics on my blog!
- Прогноз Біткоїн на Тиждень, 20-01-2025 (моє відео українською в YouTube).
- 📌 Source: cryptoviktor.com/btc/
