Crypto analyst TARA has predicted that the Bitcoin price will still rise despite bearish signals that have emerged. She highlighted why the flagship crypto could reach this level and what could happen once the price target is reached.
Analyst predicts a Bitcoin price rise to $99,000
In one X messageTARA opined that Bitcoin price will reach $99,300 even as the flagship crypto prints a bearish candlestick. She stated that BTC wants to reach this price target before its deeper retracement so that the correction does not break the price target critical support of $90,000. The analyst added that the retracement levels for BTC will be further adjusted, with the new high above $97,000 in 2026, while sub-waves on the way to the full $103,000 target are revealed.
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Notably, crypto traders are currently betting on Bitcoin price to rise past the $99,000 level and reach the psychological $100,000 level. Polymarket data shows a 48% chance that BTC will rise to $100,000 this month. This follows the flagship crypto’s recent rally from around $92,000 to above $97,000 following the release of the soft CPI inflation data earlier this week.
The spot Bitcoin ETFs also contributed to Bitcoin’s price rise at the start of the year. In one X messageBloomberg analyst Eric Balchunas highlighted that ETFs recorded net inflows of $843 million on January 14 and now have net inflows of $1 billion a week from now and $1.5 billion year-to-date (YTD). Of BTC rises to $97,000 after trading sideways towards the end of last year, Balchunas believed the buyers may have exhausted the sellers.
Arthur Hayes predicts Bitcoin rally due to rising liquidity
In his last blog postpredicted BitMEX co-founder Arthur Hayes that Bitcoin price could support this rally as dollar liquidity increases rapidly. Hayes expects dollar liquidity to increase 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 lead to Americans borrowing more.
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Hayes also said that liquidity did not support crypto portfolios in 2025, causing the Bitcoin price to underperform. He urged market participants not to draw wrong conclusions from 2025’s underperformance as it was always a liquidity story and not a cyclical situation. bear marketas some analysts suggested.
More liquidity could also flow into the market if Trump appoints a rate cut advocate to replace Fed Chairman Jerome Powell. This could lead to bigger interest rate cuts, which would be bullish for the Bitcoin price and the broader crypto market.
At the time of writing, the Bitcoin price is trading around $95,300, down in the past 24 hours. facts from CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com