Cryptocurrency analyst TARA predicted this Bitcoin price will continue to rise despite emerging bearish signals. She highlighted why the flagship cryptocurrency could reach this level and what could happen once it reaches the target price.
The analyst predicts that the price of Bitcoin will rise to $99,000
In Post XTARA opined that Bitcoin price will reach $99,300 even though the flagship cryptocurrency is printing a bearish candlestick. She stated that BTC wants to touch this price target before pulling back deeper so that the correction does not break critical support at $90,000. The analyst added that BTC’s retracement levels will continue to adjust, with a modern 2026 high surpassing $97,000, while revealing subwaves on the way to the full $103,000 target.
It is worth noting that cryptocurrency investors are currently betting on Bitcoin’s price rising above $99,000 and reaching the psychological level of $100,000. Polymarket data shows a 48% chance that BTC will rise to $100,000 this month. This follows the flagship cryptocurrency’s recent surge from around $92,000 to over $97,000 following the release of a report gentle data on CPI inflation earlier this week.
Spot Bitcoin ETFs also contributed to the rise in Bitcoin’s price at the beginning of the year. In Post XBloomberg analyst Eric Balchunas highlighted that ETFs recorded net inflows of $843 million on January 14 and currently boast weekly net inflows of $1 billion and $1.5 billion year-to-date (YTD). WITH BTC rises to $97,000 following sideways trading overdue last year, Balchunas opined that buyers may have exhausted the number of sellers.
Arthur Hayes predicts Bitcoin growth as liquidity increases
In his latest blog entryBitMEX co-founder Arthur Hayes predicted that Bitcoin’s price could maintain this growth as dollar liquidity rapidly increases. Hayes expects dollar liquidity to raise as US president Donald Trump finds more ways to inject liquidity into the economy. The BitMEX co-founder highlighted how Trump plans to lower mortgage rates, which could encourage Americans to borrow more.
Hayes also mentioned that liquidity in 2025 did not support cryptocurrency wallets, which is why the Bitcoin price underperformed. He urged market participants not to draw the wrong conclusions from underperformance in 2025 as it has always been a liquidity issue, not a cyclical one bear marketas some analysts suggest.
More liquidity could also flow into the market when Trump appoints a rate-cutting supporter to replace Fed Chairman Jerome Powell. This could lead to larger interest rate cuts, which would benefit the price of Bitcoin and the broader cryptocurrency market.
At the time of writing, Bitcoin is trading at around $95,300, down over the last 24 hours, according to data from CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com
