Tom Lee’s January Bitcoin Prediction In Focus As $100,000 Nears — New ATH Soon?

Bitcoin has broken through the $95,000 zone and is demonstrating strong upward momentum, bringing Tom Lee’s January prediction of a new all-time high into focus. A cup-and-handle breakout, coupled with favorable on-chain supply data – where most holders bought lower and are now in profit – supports further gains, with a measured move targeting $106,600. Whales are accumulating Bitcoin while retail investors are no longer selling into rallies, further bolstering the bullish outlook. However, a significant risk remains in the heavily long-skewed derivatives market, where a price slip below $94,800 could trigger liquidations. Key price levels to watch include $100,200 and $106,600, with limited historical resistance beyond $112,000, potentially paving the way for a move towards $126,200.

(Source：BeInCrypto)