{"id":146878,"date":"2025-01-16T08:30:31","date_gmt":"2025-01-16T06:30:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146878"},"modified":"2025-01-16T01:02:38","modified_gmt":"2025-01-15T23:02:38","slug":"bitcoins-critical-moment-will-the-uptrend-continue","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-critical-moment-will-the-uptrend-continue\/","title":{"rendered":"Bitcoin\u2019s Critical Moment: Will the Uptrend Continue?"},"content":{"rendered":"<p>He <strong><a href=\"https:\/\/youtu.be\/Hv1teS8gDCA\" target=\"_blank\" rel=\"nofollow\">believes<\/a> <\/strong>this key level will determine whether <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>continues its upward momentum or slips into a consolidation phase.<\/p>\n<p>Cowen suggests that Bitcoin\u2019s ability to hold above $90,000 as support would signal strength, potentially leading to a significant rally. Drawing comparisons to January 2024, he noted that Bitcoin\u2019s quick recovery after briefly dipping below critical support levels historically paved the way for explosive growth.<\/p>\n<p>\u201cIf Bitcoin can stay above $90,000 with minimal dips, it\u2019s likely to follow a bullish path, much like it did in early 2024,\u201d Cowen stated.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-predicted-to-hit-300k-as-crypto-market-triples-according-to-hashkey\/\" title=\"Bitcoin Predicted to Hit $300K as Crypto Market Triples, According to HashKey\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-22-3-e1690265674387-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Predicted to Hit $300K as Crypto Market Triples, According to HashKey<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>On the other hand, repeated dips below $90,000 could mirror patterns from mid-2023 when Bitcoin struggled to regain its footing. Cowen warns that if Bitcoin drops further and fails to reclaim $90,000 as support, it might enter a period of extended consolidation before attempting another upward move. BTC\u2019s price movements have been very volatle, but currently the top cryptocurrency is trading around the $100,000 level after an astonishing surge this week.<\/p>\n<p>The next few weeks will be critical for Bitcoin. If the $90,000 level holds, it could set the stage for another strong rally. However, failure to maintain this support might signal a temporary slowdown, requiring time for consolidation before the market can build momentum again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s trajectory for the coming months may hinge on how it performs around the $90,000 mark this January, according to well-known crypto analyst Benjamin Cowen.<\/p>\n","protected":false},"author":7,"featured_media":87996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-146878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin\u2019s Critical Moment: Will the Uptrend Continue?<\/title>\n<meta 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