Bitcoin’s Resurgence: US Demand Shifts Market Sentiment

Cointurk2026/01/16 09:12

By:Cointurk

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

In mid-January, despite a short-term pullback, Bitcoin found renewed upward expectations fueled by strengthening US investor demand. On January 15th, Thursday, Bitcoin briefly dipped around 2% to trade at $95,400. However, it quickly gained momentum, entering a stabilization process. This shift in market sentiment is largely due to the political calendar regarding US cryptocurrency regulations and institutional fund movements. Furthermore, on-chain data and ETF fund inflows highlight two critical scenarios for Bitcoin’s price direction.

Critical Technical Levels for Bitcoin Price Impact of US Institutions and Macro View

Critical Technical Levels for Bitcoin Price

Blockchain analysis firm Glassnode shared data revealing that Bitcoin’s price responded strongly around $87,800, the average cost of active investors. This area acted as significant support during the recent decline, setting the stage for a renewed upward attempt. According to analyses, the market’s short-term target centers around the $98,400–99,000 band, where short-term investor costs stand out.

Glassnode Bitcoin Analizi

In the technical outlook, the $94,000 level holds separate significance. Cryptocurrency analyst Crypto Rover indicated that Bitcoin’s medium-term bullish scenario may weaken if it sustains below this threshold. Conversely, staying above $94,000 is considered a signal that buyers maintain control.

Recent price movements suggest a controlled recovery rather than a sharp increase. This scenario indicates a search for a more balanced trend after short-term profit-taking, as investors refocus on macro and institutional indicators.

Impact of US Institutions and Macro View

One of the main driving forces behind Bitcoin remains the behavior of US institutional investors. The shift of the Coinbase Bitcoin Premium Index back into positive territory after a prolonged selling period signals strengthening US demand. Simultaneously, approximately $1.6 billion in net inflows were recorded in US spot Bitcoin ETFs over just two days.

On the macro front, developments in the gold market attract attention. Expectations are rising that gold, which saw a strong surge starting in early 2024, is approaching a peak and may enter a long-term horizontal phase. Gradual institutional profit reallocation from precious metals to Bitcoin and cryptocurrencies supports market liquidity.

Another significant development in liquidity is the growth in the stablecoin market. Following the enactment of the Genius Act in the US last year, stablecoin supply has surged over $50 billion, laying a positive foundation for the sustainability of capital flowing into the crypto market. Additionally, the Federal Reserve’s rate-cutting process and quantitative easing policies are factors keeping appetite for risk assets alive.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The US budget deficit for fiscal year 2026 has risen to $1.993 trillion, a year-on-year increase of 12%, marking the highest level since 2021 and projected to account for over 6% of GDP. High interest rates have pushed net interest payments to over $1.1 trillion, accounting for more than half of the deficit increase; lower-than-expected tax and tariff revenues have further worsened the financial shortfall. With just weeks left before the midterm elections, neither party intends to implement substantial fiscal consolidation, and the deficit outlook is highly dependent on the election results.

华尔街见闻•2026/10/09 00:21

To deliver computing power, Oracle uses trucks to transport natural gas to power its data centers

To address pipeline delays in AI data center construction, Oracle has adopted an unconventional energy supply method by transporting compressed natural gas via trucks, which has already been implemented in Utah and Texas, and is also being considered for the "Project Jupiter" in New Mexico. However, this solution costs four times as much as pipeline natural gas and is limited in scale, covering only a small fraction of the project's total capacity.

华尔街见闻•2026/10/08 23:32

Aptos insider vesting ends, cutting APT unlocks by 60%

Cryptopolitan•2026/10/08 22:57

US Treasury yields soar to a 24-year high; US Treasury advisors expect future declines as AI investments and energy shocks drive up borrowing costs

David Zervos, senior advisor to U.S. Treasury Secretary Yellen and a veteran Wall Street professional, stated on Thursday that despite the recent surge in U.S. Treasury yields to their highest levels in decades, the current real yields are significantly elevated compared to historical levels, suggesting room for a decline in the future.

智通财经•2026/10/08 22:37