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Is Now a Good Time to Buy Bitcoin?

Daily Crypto News

Daily Crypto News

Get the latest insights on cryptocurrency trading, price trends, and institutional activity. Stay informed to make smarter trading decisions.

Market Overview (As of January 17, 2026)

Market analysts view the current period as a favorable “buy the dip” opportunity for long-term investors, though short-term traders are advised to remain cautious. Bitcoin (BTC) is stabilizing near $95,300, approximately 25% below its October 2025 all-time high of $126,000.

1 BTC equals: Rs 26,666,657.63 (As of 17 Jan, 4:50 pm GMT+5)

Key Buying Indicators

Neutral Sentiment

The Fear & Greed Index is at 50 (Neutral), suggesting the market has cooled off from previous euphoria and is “coiling” for its next major move.

Institutional “Smart Money”

On-chain data shows “whales” (wallets with 1k–10k BTC) shifted to aggressive net buyers in early January 2026, signaling institutional confidence despite recent volatility.

Record ETF Inflows

U.S. spot Bitcoin ETFs attracted nearly $760 million in a single day recently, the highest volume since late 2025, providing a strong demand floor.

Price Targets and Forecasts for 2026

JPMorgan: Projects BTC to climb to $170,000 within 6–12 months.

Standard Chartered: Maintains a price target of $150,000.

Fundstrat: Aggressive range of $200,000–$250,000.

Bernstein: BTC expected to end 2026 near $150,000, citing potential regulatory breakthroughs like the CLARITY Act.

Technical Support & Resistance Levels

Critical Support: $92,000–$92,200. Analysts state holding this level is crucial to prevent a deeper correction toward $84,000.

Immediate Resistance: $96,000–$96,500. Reclaiming this zone shifts short-term momentum back to bullish.

Psychological Barrier: $100,000. A decisive breakout above triggers the next major recovery phase.

Bottom Line

While $95,000 is considered “amazingly cheap” by some long-term proponents, experts recommend dollar-cost averaging (DCA) rather than a lump-sum entry to mitigate risks of ongoing macroeconomic and geopolitical uncertainties in 2026.

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