Market Overview
Bitcoin experienced volatility in the second week of 2025. According to the data available:
- January 6, 2025: $98,364.59
- January 7, 2025: $102,229.40
- January 8, 2025: $96,952.10
- January 9, 2025: $95,016.71
- January 10, 2025: $92,376.28
- January 11, 2025: $94,736.63
- January 12, 2025: $94,559.55
The cryptocurrency opened the week at $98,364.59 and experienced significant fluctuations throughout the period. By January 12, Bitcoin had settled at $94,559.55, representing a decline of about 3.87% over the 7-day period.
Key Price Levels and Support/Resistance
Key levels to watch include:
- Support: $92,000, $94,000, $95,000
- Resistance: $98,000, $100,000, $102,000
The $95,000 mark acted as a significant level, providing both support and resistance at various points during the week. A decisive break above or below these levels could signal the next directional move for Bitcoin.
Short-term Price Predictions
Given the observed volatility and the closing price near $99,600, short-term predictions suggest potential consolidation between $98,000 and $102,000. A break above $102,000 could target the recent highs, while a drop below $98,000 might test lower support levels.
Disclaimer: The information provided on or accessed through TrueToCrypto.com (the “Website”) is for general informational purposes only and is obtained from independent sources that are believed to be reliable. However, TrueToCrypto.com, its owners, affiliates, officers, employees, and agents (collectively, “We,” “Us,” or “Our”) make no representations or warranties, express or implied, as to the accuracy, completeness, timeliness, reliability, or suitability of the information contained on or accessed through this Website. Further read Disclaimer.
