After reaching an all-time high (ATH) of $106,000 on December 17, Bitcoin (BTC) receded to the $95,000 mark. Following this initial move, the $92,000 level was tested and prices rebounded — although they have struggled to surpass the psychologically important $100,000 barrier since.
At press time on January 5, BTC was trading at $99,180 — having marked a 5.42% rally since the beginning of 2025. Despite these recent challenges, a general sense of optimism is present — none of the fundamental, underlying reasons behind the initial November surge have dissipated.
BTC price year-to-date (YTD) chart. Source: Finbold
Still, investors have become a bit weary — and a prolonged accumulation phase could see many go off in search of greener pastures, particularly as altcoins have seen strong upward momentum as of late.
Recently, a renowned cryptocurrency technical analysis expert pinpointed an inflection point by identifying a chart pattern — one that outlines both the se
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