Is The Crypto Market ‘Satiated’ For Now? Analysts Say Bitcoin Will Continue Sideways Move
As the first month of 2025 comes to an end, Bitcoin (BTC) continues moving within its post-US election price range but nears two historical closing candles. Some analysts weighed in on the market’s state, suggesting that...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As the first month of 2025 comes to an end, Bitcoin (BTC) continues moving within its post-US election price range but nears two historical closing candles. Some analysts weighed in on the market’s state, suggesting that it could be satisfied with good news for the time being.
Bitcoin Near Historical Monthly CandleDespite the recent corrections, Bitcoin has been moving inside the $90,000-$108,000 range since December 2024, consolidating within the mid-zone of its price range for most of this period.
Some analysts have pointed out that the flagship crypto has had a decent performance this month, not staying away from the $100,000 mark for long. Moreover, its recent recovery of the $104,000-$105,000 range is setting the stage for a historical monthly and weekly candle.
As noted by analyst Rekt Capital, Bitcoin is hours away from closing the month above the $100,000 barrier for the first time and “printing a new Monthly Candle to confirm a breakout from its Monthly Bull Flag.”
Additionally, Bitcoin could see a “historic Weekly Close” if it ends the week above $104,416. According to the analyst, similar closes above major weekly resistances at this point of the cycle have historically preceded a “continued upside to new all-time highs.”
Nonetheless, Rekt Capital has also pointed out that BTC is most likely preparing for the second leg of its Post-halving Parabolic Phase, which suggests that a new Price Discovery rally could start mid-February.
The second leg has historically started around the 16th week of the Parabolic Phase, the analyst explained, while BTC is currently in the 14th week, recovering from the First Price Discovery Correction.
Based on this timeline, the flagship crypto is expected to continue gearing up for the rally for another week and a half, and investors are advised to “patiently HODL” BTC.
Is The Crypto Market’s Confidence Shaken?Another market watcher noted that Bitcoin has been “stuck in rage for a while now,” adding that he expected to see some bullish momentum after the FOMC news. The trader considers that the lack of significant price movement suggests BTC’s price will “be sideways for the coming few days.”
Recently, Aurelie Barthere, Principal Research Analyst at Nansen, weighed in on the market’s current state. Barthere suggested that the market appears to be “satiated for now,” as most of the recent bullish news has been seemingly overlooked.
The report highlighted the latest regulatory changes, including the overturn of SAB 121 and the executive order for a US Crypto Stockpile, have been “extremely bullish” and will likely facilitate a wider crypto adoption.
Additionally, the Elon Musk-led Department of Government Efficiency (DOGE) is reportedly considering public blockchain to track and manage public expenses. However, the news has been ignored and followed by “underwhelming price action by BTC and the rest of the crypto market.”
This suggests that the market is momentarily satiated and “more reactive to negative sentiment than positive news.” Barthere pointed out how the DeepSeek-triggered pullback from Monday bled into the crypto market.
Based on the price and volume action right after the shakeout, the analyst noticed “that ‘buyers’ confidence has been somewhat shaken,” resulting in an initially timid recovery.
Nonetheless, unlike other higher-beta tokens, Bitcoin had a shallow and brief intra-day sell-off on Monday, which “shows an interesting level of ‘dispersion’ between tokens, with BTC still the darling token of this new, policy-driven, market environment.”
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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