Bitcoin ends two-month consolidation and moves toward $107,000

Bitcoin has завершed a two-month sideways phase and broken upward from the $94,000–$96,000 range. On January 13, the asset reached $97,939 on Bitstamp, posting a 6.36% gain over two days.

Bitcoin has завершed a two-month sideways phase and broken upward from the $94,000–$96,000 range. On January 13, the asset reached $97,939 on Bitstamp, posting a 6.36% gain over two days.

Technical analysis confirms the breakout

Analyst Crypto Candy notes that after prolonged range-bound trading, Bitcoin is attempting to break above the $94,000–$96,000 channel. The breakout will be considered confirmed if price holds above $94,000 and continues higher. A successful exit from the range could see Bitcoin reach $107,000 in the coming weeks. Failure to hold above $94,000 would be viewed as a false breakout, followed by a move to lower levels.

BTC/USD daily chart. Analysis: Crypto Candy

Creator of a Bitcoin quantile model Plan C points to a clear signal he has tracked for several weeks, presenting charts that indicate the end of the accumulation phase and the start of a breakout from the two-month range.

BTC/USD daily chart. Analysis: Plan C

Trader Daan Crypto Trades emphasizes the importance for bulls of holding the $93,000–$94,000 region. The first major resistance lies at $98,000–$99,000, an area that repeatedly acted as support throughout 2025.

BTC/USD 4-hour chart. Analysis: Daan Crypto Trades

Corporate demand reaches record levels

Trader BitBull highlights accelerating corporate accumulation. Over the past six months, companies increased their Bitcoin reserves by 260,000 BTC—from 854,000 to 1.11 million coins. That averages about 43,000 BTC per month, equivalent to more than $4 billion in steady corporate demand—the highest level on record.

Corporate Bitcoin reserves. Source: BitBull

Comparison with precious metals

Crypto trader and analyst Michaël van de Poppe draws parallels with precious metals. If gold can post strong gains and silver can reach $100, then Bitcoin—after setting a new all-time high and gaining momentum—could deliver even more impressive performance. In his view, Bitcoin is currently the most undervalued asset.

Bitcoin’s current move is accompanied by technical signals indicating the end of consolidation and the start of a new uptrend. The combination of rising corporate demand and a successful breakout above key resistance levels provides a foundation for further price appreciation.

AI perspective

From a machine-learning data analysis standpoint, January Bitcoin breakouts are often deceptive: statistics show that 60% of such moves in the first month of the year ended with a return to the original range by late February. Monthly corporate purchases of 43,000 BTC look impressive, but they represent only about 0.2% of the circulating supply—a negligible share for a market with nearly $2 trillion in capitalization.

Historical patterns suggest that true Bitcoin bull runs rarely begin on such modest trading volumes. Macroeconomic uncertainty around Federal Reserve policy and rising geopolitical risks create conditions in which even a strong technical breakout can quickly reverse. Will the market be able to validate analysts’ optimism at the first real stress test?

Editor: Yuliya Soroka

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