Bitcoin Price: Rotating around the 95,000 USD mark
As of 5:54 PM today (January 18), Bitcoin - the world's largest electronic currency - according to market value has a recovery of 0.05%, reaching 95,131.19 USD.
This new price contributed to a slight decrease in market capitalization, trading at the 1,900 billion USD mark. Trading volume in 24 hours continued to fall to 26.35 billion USD, down 8.97 billion USD.
Perspectives and forecasts
Bitcoin prices have recently been under slight downward pressure as the global market remains unstable and traders maintain a cautious mentality. BTC has difficulty in forming strong upward momentum, but the downward momentum is still being controlled.
Notably, strong demand for spot Bitcoin ETFs shows that investors' position may be shifting in a more positive direction.
In the past week, spot Bitcoin ETFs recorded capital inflows of 1.42 billion USD, the highest level in 3 months. This wave reflects the return of interest from organizations, taking place in a context of fairly quiet price fluctuations. The most recent appearance of equivalent cash flow was in October 2025, when the ETF attracted 2.71 billion USD.
Such capital flows are often a sign of increased investor confidence. Money flowing into ETFs is often long-term investment, rather than short-term speculation. The current trend shows that the market is expecting Bitcoin prices to rise, thereby strengthening optimistic sentiment even though the short term is still volatile and macroeconomic signals are still mixed.
Macro indicators also support positive prospects. The Pi Cycle Top indicator - a historical tool used to determine the period when the Bitcoin market was too hot is currently giving a cyclical signal. This indicator compares the simple 111-day moving average with the double-day 365-day moving average to determine the peak cycle.
Currently, these two average lines are separating instead of converging, showing that the market has not fallen into a state of being too hot. Historically, this often appears in low-risk periods or the beginning - middle of the upward cycle. This signal is completely opposite to typical selling conditions, thereby consolidating the view that the market is still showing signs of buying.
In a positive scenario, the BTC may recover to $98,000 USD. At that time, Bitcoin will also regain the 200-day EMA around $95,986 USD. Overcoming this threshold will restore the upward momentum and strengthen the ability to move towards the psychological milestone of $100,000 USD.
However, risks still exist. If investor sentiment reverses or spot Bitcoin ETFs begin to record capital outflows, the price increase setting will weaken. In this scenario, Bitcoin may lose support of 95,000 USD, thereby opening up the possibility of a deeper decline to the 93,471 USD zone, signaling a return of downward pressure.
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.
