The $BTC price train is barreling down the track, but is it about to derail? 🚂💥

Despite whispers of a “market top,” Bitcoin is standing tall above $100,000, maintaining a strong high-time-frame structure. It even hit an all-time high near $110,000 just before President Donald Trump’s inauguration speech on January 20. But here’s the twist: the crypto world was left holding its breath when Trump didn’t say a single word about Bitcoin—or the broader crypto industry. The result? A quick price reversal.

Now, let’s get real. Analysts and traders are divided, timelines are buzzing, and no one seems to agree on where the market is headed next. Some think the sky’s the limit, while others are waving red flags. 🚨

“Less Greedy, Not More Greedy”

Crypto influencer GCR, who’s basically a legend for calling Bitcoin’s $16,000 bottom in 2022, has advice for the market: chill. After yesterday’s correction, GCR pointed out it’s been 750 days since his iconic call—and 250 days since he pushed for scaling into high-conviction altcoins like Solana. His takeaway?

“You should be less greedy, not more greedy.”

And he’s not the only one shouting caution. Bluntz Capital, another seasoned analyst, warned that people are “underestimating” the possibility of a market peak as signs of divergence creep into the charts.


Is It Really a Market Top?

Not everyone’s buying the “doom and gloom” narrative. 🚀 Full-time crypto trader Reetika fired back at the naysayers, saying Bitcoin’s market structure hasn’t broken yet. Her take?

“If we start losing market structure we can talk, but right now it seems like you are just hoping to make a bold call on Twitter in the hope of clout.”

And let’s not forget the trusty Pi Cycle Top indicator. This tool has called the top in every market cycle since Bitcoin’s birth, and guess what? It hasn’t flashed yet. That’s a pretty strong argument for the bulls.


Where’s the US Bitcoin Reserve?

Bitcoin optimists are pointing to the long-term picture. Eric Cryptoman believes the U.S. government is cooking up plans for a Strategic Bitcoin Reserve (SBR). Even though Trump’s speech left us hanging, Cryptoman says it’s just a matter of time.

“No mention of a Strategic Bitcoin Reserve during the speech caused a big sell-off. Potential generational entries on both chains though, as we know it’s coming anyway.”


The Final Word

Here’s the deal: if Bitcoin closes this week above $105,000, it’s game on. That would break its December 2024 weekly high and signal the possibility of a fresh higher high in the coming weeks.

For now, the market’s on edge. Some are cashing out, others are doubling down, and everyone’s watching for the next big move. One thing’s for sure: Bitcoin’s journey is never boring. Buckle up. 🚀

#MarketPullback #BTCNextATH? #BitcoinCorrection #bitcoincrash