Bitcoin: To the Moon (Again? 🚀)

Right, so it appears Bitcoin has decided to cause a stir again. It’s wobbled its way past the ninety-five thousand mark – a figure that, let’s be honest, sounds entirely made up – for the first time since… well, since someone probably last had a good idea for a get-rich-quick scheme. January’s been kind, apparently, as folk with actual money are getting involved again. It’s regaining control. Control of what, precisely? That’s anyone’s guess. 🤔

Currently, it’s bobbing around at ninety-seven grand-ish, according to those very serious people at TradingView. This is, they say, a “decisive break” from a period of… waiting. A lot of waiting. Since late 2025, it’s been stuck between numbers like a fly in amber. Thrilling. 😒

Bitcoin breakout ends prolonged consolidation phase

For a good chunk of December and January, Bitcoin was doing… not much. Just shuffling sideways from eighty-eight to ninety-four thousand. After a bit of a tumble, you understand. It’s always a tumble after a bit of a climb. Seems perfectly reasonable.

Now, it’s made a “technical shift” – which, in the world of finance, usually means “people are buying it”. And there’s more of them, apparently. Which is… good? Possibly.

Apparently, people are buying it, not just automated programs designed to make other people richer. This means it isn’t a mirage! (probably).

Spot taker data signals renewed buy-side pressure

Some clever chaps at CryptoQuant have discovered that the “90-day Spot Taker Cumulative Volume Delta [CVD]” – try saying that five times fast – has gone positive. What does that mean? Well, it means the people who aggressively buy things are buying things. Groundbreaking, isn’t it? 🤷

This CVD thing measures if folks are trying to grab Bitcoin at whatever price they can, or if they’re quietly unloading it like a dodgy batch of beetroot. A positive reading suggests people are willing to pay more. And why wouldn’t they, when it’s all going so well?

This is better than the time from September to November when everyone was selling. Mainly because selling doesn’t make the numbers go up.

Bitcoin accumulation metrics confirm follow-through

And if you needed more charts – and who doesn’t? – the “Accumulation/Distribution [A/D]” indicator has also been behaving itself. It’s been trending upwards, and reached a peak of five point oh five million. What does all this mean? It means people are… accumulating? And distributing? Simultaneously? It’s a bit of a paradox, really. 🧐

Basically, it suggests there’s more money flowing in than flowing out. Which is usually a good sign, unless, of course, it’s all borrowed money. (Don’t ask.)

Key levels now in focus

Now that it’s got past ninety-five thousand, that number might be a ‘support’ level. Which sounds reassuring, in a wobbly, financial kind of way. And round the corner is ‘the big one’ – a hundred thousand. Whether it will actually get there is anyone’s guess. It might decide it’s had enough excitement for one day.

Final Thoughts

Bitcoin going up is backed up by people actually buying it, which, surprisingly, hadn’t been happening for a while.
This is all very encouraging, but it still means nothing. Really. Just a number going up. Doesn’t mean you should go remortgage your house, though. Please don’t. 🙏

2026-01-15 03:12

Bitcoin breakout ends prolonged consolidation phase

Spot taker data signals renewed buy-side pressure

Bitcoin accumulation metrics confirm follow-through

Key levels now in focus

Final Thoughts

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