Is The Bitcoin Bottom In? (1/14/2025)

In partnership with

Market Overview

Welcome to the world of Crypto.

Bitcoin went from $95k to $89k… then closed the day green!

If that’s not bullish price action, I don’t know what is.

It seems likely Bitcoin will make a run for $100k.

But you have to prepare yourself that that STILL might not be an enough signal to resume the uptrend.

We might see something like this:

But it really all depends on what price does on Inauguration Day on January 20th.

So quite frankly, anything between now and then is just noise that you’d better off ignore.

INTERESTING Insights

What does this chart remind you of?

That’s the 15 min Bitcoin chart in May 2024. It looks exactly like Bitcoin now on the 1D chart.

If you believe in fractals, this would mean Bitcoin will do something like this.

That appears good at first glance, and it is, but you’d have to go through more drawdown and chop first.

Note: this is just an interesting observation. Fractals don’t mean much and price action rarely looks the exact same.

Final Thoughts

Yields are rising, the dollar is strengthening, the UK bond market is imploding, and liquidity is flattening yet Bitcoin is holding up remarkably strongly.

This is very good.

Also…

Price always looks bearish before being bullish again.

Just look at January 2021 and January 2024. Look at March 2023 even.

And of course you know all about the 2017 bull market (30% drawdown every 2 months).

So, maintain your conviction.

And forget about altseason.

People on X have been calling altseason 5 days out of 7 for the past 2 years.

Bitcoin is king.

Ethereum broke below $3000 and Solana retraced it’s November election pump.

Every portfolio underperformed Bitcoin in the past year.

Stick to a simple portfolio with Bitcoin and leveraged Bitcoin.

You can get memecoin-like returns by going 4x Bitcoin long at the right time.

If you devote your entire time and analysis on Bitcoin and you understand it deeply, then getting in on leverage at the right time is a MUCH safer bet than buying a memecoin which could get rugged at any day or go down 30% in a single day, both of which would never happen with Bitcoin. Yet you get equivalent returns.

Upgrade now to see how our portfolio actually looks like: https://alpha-12.beehiiv.com/upgrade 

AD BREAK

Click on this link below.

Read The Daily Upside. Stay Ahead of the Markets. Invest Smarter.

Most financial news is full of noise. The Daily Upside delivers real insights—clear, concise, and free. No clickbait, no fear-mongering. Just expert analysis that helps you make smarter investing decisions.

Join 1M+ readers today.

Subscribe to Premium to read the rest.