95,000 Dollars: This Key Level Of Bitcoin Worries Analysts

Thirteen days after Donald Trump’s inauguration, the crypto euphoria seems to have taken a hit. Bitcoin, that capricious diva of digital markets, stumbles below the $100,000 mark. Analysts, who hoped for some presidential sleight of hand in favor of the crypto market, are actually facing a mirage. A correction is underway, and some even fear a bear trap lurking in ambush…

A BTC price under pressure: correction or red alert?

The price of bitcoin, which had bravely crossed $102,000 in January, has fallen back. A mere market breath? Not so sure. Ryan Lee, an analyst at Bitget Research, warns of a drop to $95,000, a critical zone where the immediate future of the leading crypto is at stake.

At fault are the new economic tensions: Donald Trump, true to himself, has wielded tariffs on Chinese, Canadian, and Mexican imports. Enough to cool off investors’ enthusiasm.

Meanwhile, the crypto market is holding its breath in anticipation of the U.S. Bureau of Labor Statistics report, expected on February 7. A weakening job market could prompt the Fed to soften its monetary policy, a scenario that would benefit Bitcoin.

#BTC/USDT ANALYSIS

Bitcoin is facing rejection at the resistance trendline of the descending triangle pattern and is currently rebounding from the horizontal demand zone.

The Ichimoku Cloud remains a strong resistance barrier. A confirmed breakout or breakdown is needed to… pic.twitter.com/OMTUDpdFJz

— The Crypto Express (@TheCryptoExpres) February 2, 2025

But for now, uncertainty dominates. As @TheCryptoExpres points out:

« Bitcoin is rejected by the descending triangle’s resistance line. The Ichimoku Cloud remains a strong barrier. A confirmed breakout or breakdown is necessary to determine the next direction. »

Between a bear trap and a simple pause before the rebound, the suspense is at its peak.

Bitcoin: between records and turbulence

While the ongoing correction raises concerns, it should not be forgotten that BTC has recorded a historic January. For the first time, it closed above $100,000, even reaching $102,412, which is 6% better than its previous record in November 2024.

This symbolic milestone could have presaged a continuous rise… but the market has its moods.

Huge Bear Trap.

Be ready. pic.twitter.com/MDkqMrDNsG

— Sensei (@SenseiBR_btc) February 2, 2025

Experts remain divided. Some, like Sensei, believe that the current decline is merely a simple “bear trap“, a manipulation aimed at frightening investors before a new surge.

Others watch the RSI indicator with caution: according to @Pladizow, in previous cycles, BTC peaked about a year after the first crossover of RSI above 70. However, this time, the indicator has crossed that threshold a second time, hinting at a potential peak in November.

Analysts’ forecasts for 2025 range between:

• $160,000 as a “prudent” target;
• $180,000 and more for the most optimistic;
• Increased volatility due to Fed decisions;
• A key role for Bitcoin ETFs, which already exceed $125 billion in assets.

So, one could say that the rollercoaster isn’t about to stop.

Finally, despite this temporary drop, one should not bury the king of crypto too quickly. In January, BTC exploded to an ATH of around $109,000 and saw its dominance rise by 15.5% to reach 59%. The altcoins, on the other hand, struggle to keep pace.