• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Prices Drop: Recovery Outlook

user avatar

by Giorgi Kostiuk

3 months ago


Bitcoin prices have dropped significantly this month amid bond market instability and a hawkish stance from the Federal Reserve. However, BTC may soon see a chance for recovery.

Bitcoin Balances on Exchanges Falling

One reason why BTC’s price might rebound in January is the growing imbalance between demand and supply. Demand has increased this year, as evidenced by growing ETF inflows, which have added a net $1.3 billion in assets. Companies like MicroStrategy continue to rise, and bitcoin whales continue to accumulate, adding 34,000 coins since December. Bitcoin balances on exchanges have also declined to their lowest level in years.

FTX Distributions and Trump Inauguration

Another key factor affecting bitcoin price is the upcoming distribution of $16 billion from the FTX Estate to investors and creditors. Most of these funds are held in stablecoins like Tether and USD Coin. Some of these funds may be converted into bitcoin. Additionally, the inauguration of Donald Trump on January 20 could usher in new crypto regulations that may impact the market.

Bitcoin's Strong Technical Outlook

Bitcoin’s technical indicators also suggest potential for further upside in January. On the weekly chart, Bitcoin has formed a bullish pattern, indicating possible upward movement. This uptrend is supported by the 50-week and 100-week exponential moving averages. The most significant target remains the price level set by the cup-and-handle pattern.

Despite current fluctuations, global conditions and technical indicators could create opportunities for a bitcoin price recovery in the coming months. However, investor caution and upcoming events leave uncertainty in the market.

0

Share

Other news

Overview of the Most Interesting Airdrops in the Crypto Community

Let's explore current airdrops offering token acquisition without expenditure.

user avatarGiorgi Kostiuk

a minute ago

Stellantis Cuts 900 Jobs Amid Tariff Changes

Stellantis announced temporary layoffs affecting 900 workers due to new US tariffs impacting the auto industry.

user avatarGiorgi Kostiuk

2 minutes ago

TUT Token: How an Educational Project Became a Popular Meme Coin

TUT Token, initially created as an educational tool, quickly gained popularity in the crypto community.

user avatarGiorgi Kostiuk

3 minutes ago

Pi Network: Current Prices, Plans, and Future of $PI Coin

The price of $PI has dropped, causing concern among Pi Network users. We explore the team's plans and community reactions.

user avatarGiorgi Kostiuk

4 minutes ago

Support for Solana and Chainlink Now Available on PayPal

PayPal expands cryptocurrency support by adding Solana and Chainlink for U.S. users.

user avatarGiorgi Kostiuk

4 minutes ago

Mubarak: The Success of a New Memecoin in the Crypto World

Mubarak, a memecoin with Arabic identity, has rapidly ascended on the BNB Chain, garnering success and community interest.

user avatarGiorgi Kostiuk

5 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.