Prediction Bitcoin this week, 13-01-2025

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, 13-01-2025

Prediction Bitcoin

Bitcoin: Expectations for the week before the US inauguration

Introduction: Crypto market setup

In early January, the crypto market shows interesting dynamics, but the main focus shifts to political events, such as the upcoming inauguration in the US. In this review, I will share my forecasts for the Bitcoin rate for the coming week and month. We will consider data from popular crypto services, including CryptoKor.com, TradingView, and other tools, to determine possible scenarios for the development of events.

General market sentiment

Indicators of the past and current year
2024 ended positively: The overall growth of Bitcoin was more than 37%.
The current month starts unevenly: There was a noticeable decline in the first week, but many analysts predict that January may end in the green zone.
Trigger of the week – the inauguration in the US: High expectations are associated with new laws and political changes that may affect the cryptocurrency rate.

Fear and Greed Index

The value fluctuates between 50 and 60 points, reflecting investor indecision.
Analysts note that most traders are currently inclined to sell assets.
Technical indicators: What do they say?
Crypto risk index
Green zone: According to the indicator, the cryptocurrency market is not yet overheated, and there are opportunities for buying.
Stock-to-Flow indicator
Compared to past cycles, Bitcoin remains in the accumulation phase, which indicates the potential for further growth.

Liquidation map

There is a concentration of liquidations at the levels of $93-95 thousand, which may become a support or resistance zone in the coming days.
Global factors
Gold: The OSMA indicator shows a possible decrease in interest in gold, which may contribute to the flow of capital into cryptocurrencies.
S&P 500: Stock market correction indicates a possible interest of investors in alternative assets.
Will there be an alt season?
Not yet: Altcoin indicators show flat dynamics, indicating a lack of strong interest in alts.
Future opportunity: A decrease in Bitcoin dominance below 50% could signal the start of an active altcoin season.

Forecast: Flat before the move

Possible scenarios
A flat is likely this week as investors await political events in the US.
In the short term, Bitcoin may remain in the range of $93-95k, with a possibility of rising to $110k after the inauguration.
Conclusion
The week promises to be calm with minimal volatility. The main focus is on geopolitical events that may set a new direction for the market. If you liked this review, share it with your friends and subscribe to my channel for up-to-date Bitcoin news.

• Дивитись відео: Біткоїн — Прогноз на Тиждень, 13-01-2025
• 📌 Source: cryptoviktor.com/btc/