Bitcoin Needs to Surpass $99,000 to Resume Bull Run

The cryptocurrency market showed mixed performance post-New Year, with altcoins experiencing a notable rally. Meanwhile, Bitcoin climbed above $90,000 on January 2nd, but analysts suggest this is not yet indicative of a market shift.

Key Insights:

Despite recent gains, Bitcoin must surpass the Short-Term Holder (STH) Realized Price at $99,000 to signal a potential bull market initiation.
The STH Realized Price is a crucial metric representing the average acquisition cost for short-term BTC investors.
Historically, Bitcoin has fallen below the STH Realized Price multiple times in the past year, remaining under it since September 2025.
Additional data points highlight the importance of the $99,000 - $102,000 range as a critical resistance level for Bitcoin's price trajectory.
Analysts believe overcoming this range could significantly boost investor confidence and demand.

As of now, Bitcoin trades around $90,110, marking a 2% increase over the last 24 hours.