Bitcoin price: Prolonged green color
As of 5:04 PM today (January 15), Bitcoin - the world's largest electronic currency - according to market value increased by 2.11%, reaching 97,046.73 USD.
This new price contributed to increasing market capitalization, trading at 1,938 billion USD, an increase of 39 billion USD. Trading volume in 24 hours reached 60.23 billion USD.
Perspectives and forecasts
Bitcoin (BTC) is making efforts to recover recent losses after regaining the 95,000 USD mark - a move that helps somewhat restore optimism in the short term. The upward momentum has brought BTC to its highest level in 2 months, but the recovery process is still far from complete.
In fact, Bitcoin is facing a much bigger test. The price range from 98,000-110,000 USD is currently the strongest resistance zone ever.
Bitcoin's difficulties are clearly shown when looking at the heat map of capital price distribution of long-term holders. Since November 2025, every recovery has been blocked in a dense supply cluster stretching from about 93,000-110,000 USD. This area concentrates a large amount of Bitcoin purchased at previous peaks, creating persistent selling pressure every time the price returns.
Every time the price enters this zone, it triggers a distribution wave back from long-term investors. Therefore, Bitcoin has continuously failed to maintain structural recovery waves, despite many breakthroughs. When the price once again approaches the supply zone above, the market faces a familiar test of sustainability. Absorbing this supply is a key condition for forming a sustainable reversal trend.
From a broader perspective, the net profit/loss indicator of the long-term holding group shows a more cautious picture. Current data shows that this group is realizing about 12,800 BTC profit per week - much lower than the previous cycle peaks, when this number exceeded 100,000 BTC/week.
The slowdown shows that profit-taking activities still take place but are no longer too drastic. This helps reduce the risk of deep decline in the short term, but does not completely eliminate selling pressure. The market's direction currently depends on demand, especially from the group of investors accumulating Bitcoin in the second quarter of 2025. If buying power is not strong enough to absorb supply, the price increase momentum will weaken.
An important long-term reference level is still the actual market average around the threshold of 81,000 USD. Maintaining trading above this threshold reinforces positive macroeconomic prospects. Conversely, if not maintained for a long time, the risk of "surrender" will increase sharply, recalling a period of decline lasting from April 2022 to April 2023.
Conquering the 98,000 USD mark and maintaining above 95,000 USD will not be easy. Supply pressure above is still very high, and any sell-back wave can quickly reverse the upward momentum. If investors choose to take profits, Bitcoin may slide below 95,000 USD, opening up the possibility of deeper correction to the 91,471 USD zone.
Positive scenarios remain if the long-term holding group continues to reduce selling. When distribution pressure weakens, Bitcoin may exceed 98,000 USD and challenge the 100,000 USD mark. Turning this psychological threshold into support will significantly improve market sentiment, thereby opening up the path to 110,000 USD, although new resistance forces will appear after the six-digit mark.
In Vietnam, the cryptocurrency asset market has been piloted from September 9, 2025, the pilot implementation period is 5 years.
However, organizations and individuals participating in the cryptocurrency asset market must comply with relevant legal regulations on preventing and combating money laundering, terrorist financing, financing the dissemination of weapons of mass destruction, electronic transactions, network information security, network security, data protection to ensure security and safety in the cryptocurrency asset market and other relevant specialized laws.
