Bitcoin News: BTC Hits New ATH and Eyes $100K Amid Market Optimism

Bitcoin's price surged to a new all-time high (ATH) following a wave of Optimism in the crypto market, driven by external factors such as Trump's inauguration. Despite the euphoria, experts advise caution and emphasize the importance of risk management. The cryptocurrency rebounded from the $92K level and successfully breached the $100K mark, retesting it before achieving the new ATH. This article explores the implications of this milestone and what lies ahead for Bitcoin.

Bitcoin Price Analysis: What’s Next for BTC After Latest ATH and Correction?

Bitcoin’s price has made a new all-time high yesterday, as Trump’s inauguration has flooded the crypto market with optimism. However, in times of euphoric expectations, caution and risk management are advised. On the daily chart, the asset has once again entered a bullish phase after rebounding from the $92K level. The $100K line has been broken to the upside and even retested before the market made a new all-time high around the $110K mark. Currently, there is more potential for upward movement, as the $100K level is acting as a strong support, and the RSI is showing clear bullish momentum. As a result, if the $100K level holds, a rally higher toward the $120K area could be expected in the short term. Looking at the 4-hour chart, the market shows signs of consolidation after the recent surge, with key support levels being tested.

Hamilton Raises $1.7 Million for Bringing Real-World Asset Tokenization to Bitcoin

Hamilton, the RWA protocol, has successfully raised $1.7 million in funding to support its mission of making tokenized real-world assets accessible to both institutions and individual investors globally. This initiative aims to advance accessibility and adoption in the RWA space by offering affordable and stable financial products, particularly designed for emerging markets. Hamilton's key offerings include HUSD, the first Bitcoin-native stablecoin backed by US Treasury bills; HUST, tokenized US Treasury bills; and Publius, a platform enabling financial institutions to securely tokenize any asset on Bitcoin. These products are designed to bridge global financial markets with the Bitcoin network, leveraging its decentralized nature.

Bitcoin (BTC) Sensitive Selling Zone Shifts to $90K-$95K

Bitcoin (BTC) has slightly raised its riskiest support zone, now resting between $90K and $95K. Previously, the leading cryptocurrency had support at around $87,000 based on the holdings of new buyers. Bitcoin continues to attract buyers near its higher price range, but the new sensitive price zone between $90K and $95K could lead to spot buyers capitulating and selling. While the market has not seen true panic-selling yet, a move down to this zone could quickly result in rapid selling and both unrealized and realized losses. Price dips into the zone under $95,000 can cause realized losses of up to $100M an hour, putting pressure on recent buyers. Previously, the new cohort of Bitcoin buyers was in the money in the range above $87,000.

Bitcoin Dips After Hitting New ATH – Is Another Surge on the Horizon?

Bitcoin experienced a decline after reaching an all-time high of $109,114.8 on January 20th, just hours before Donald Trump’s inauguration. The cryptocurrency has since dropped by 2.42% to $101,308.55, according to CoinMarketCap. Despite this dip, both long-term and short-term holders remain optimistic. Analysis from AMBCrypto suggests that this decline is likely a retracement as Bitcoin prepares for another rally, supported by the prevailing market sentiment. Glassnode data indicates that Bitcoin’s Long-Term Holder Net Unrealized Profit/Loss (LTH-NUPL) has crossed the 0.75 threshold, a level historically associated with the 'Euphoria/Greed' phase of the market cycle. This suggests that the market may be gearing up for another significant price movement.

Bitcoin Falls from 109k Following Trump’s Inauguration Speech

Bitcoin fell from yesterday's all-time high above 109k, dropping to a low of 100k before recovering today towards 104k. The price corrected lower following Trump's inauguration ceremony and as extreme greed dominates the market. Although Trump’s actions may have a significant impact, the market remains volatile.