BTC Price Forecast: Will Meta Approval for a BTC Treasury Asset Spark a Rally?

BTC Struggles Below $95k Amid Supply-Demand Shifts: Is a Breakout Looming?

On Saturday, January 11, BTC slipped by 0.29%, partially reversing Friday’s 2.27% gain, closing at $94,543. Significantly, BTC fell short of the crucial $100k psychological threshold for the fourth consecutive session.

ETF Market Flows Highlight Cautious Optimism and Investor Hesitation

The US BTC-spot ETF market reflected cautious optimism among investors in early 2025. Hopes for a US Strategic Bitcoin Reserve (SBR) provided support, while upbeat US economic data suggested a more hawkish Fed, leaving BTC below $100k.

According to Farside Investors:

• iShares Bitcoin Trust (IBIT) saw net inflows of $497.6 million in the week ending January 10 despite two consecutive days of net outflows.
• Fidelity Wise Origin Bitcoin Fund (FBTC) had net inflows of $41.6 million.
• In contrast, ARK 21Shares Bitcoin ETF (ARKB) reported net outflows of $202.3 million.

Four issuers reported net inflows, contributing $312.8 million, while five issuers had net outflows, highlighting a mixed sentiment in BTC-spot ETFs.

Reports that New Hampshire, Pennsylvania, and Texas, proposed bills for SBRs fueled demand for BTC-spot ETFs. State-level approval could pave the way to BTC becoming a US strategic reserve asset.

However, robust service sector data and a hotter-than-expected US Jobs Report signaled a more hawkish Fed rate path. Higher borrowing costs could impact demand for riskier assets such as BTC.

Meta Shareholders Advocate for BTC Treasury Holdings:

Amid speculation about a US SBR, Meta Platforms (META) shareholders have proposed the company hold BTC as a treasury asset.

Ethan Peck, working at The National Center for Public Policy Research submitted the proposal on behalf of his family’s shares.

According to the supporting statement, Meta has $72 billion in cash, cash equivalents, and marketable securities. The proposal highlighted that cash is consistently being debased and bond yields are lower than the true inflation rate, diminishing shareholder value.

The statement added,

“Meta should – and perhaps has a fiduciary duty to – consider replacing some, or some percentage, of those assets with assets that appreciate more than bonds, even if those assets are more volatile short-term. Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available. This is especially true compared to other liquid assets.”

The National Center for Public Policy Research also submitted BTC Treasury proposals to Microsoft (MSFT) and Amazon.com (AMZN). In December 2024, Microsoft shareholders voted against adopting BTC as a balance sheet asset.

A favorable vote at Meta could set a precedent for broader corporate adoption, potentially driving BTC prices higher.

Dive deeper into the influence of macroeconomic data, US crypto policies, and BTC-spot ETF market flows on price action. Follow our analysis and forecasts here to manage crypto-related risks.

Technical Analysis

Bitcoin Analysis

Despite the recent pullback from $100k, BTC remains above the 50-day and 200-day Exponential Moving Averages (EMA), sending bullish price signals.

A breakout from $95k could signal a move toward the crucial $100k psychological resistance level. If BTC breaks above $100k, it could target the all-time high of $108,231 next.

Investors should consider US government-related activity, corporate-related news, and US BTC-spot ETF market-related news.

Conversely, a BTC drop below the 50-day EMA could enable the bears to target the $90,742 support level. A fall through the $90,742 support level may bring the $86,263 support level into sight.

With a 45.97 14-day Relative Strength Index (RSI) reading, BTC could drop below the $90,742 support level before entering oversold territory (RSI below 30).

Explore real-time BTC price data and indicators here to stay ahead of market trends.

Ethereum Analysis

ETH, currently the second-largest cryptocurrency by market cap, sits below the 50-day EMA while holding above the 200-day EMA. The EMAs send bearish near-term but bullish longer-term price signals.

An ETH break above the $3,287 resistance level may signal a move toward the 50-day EMA. A breakout from the 50-day EMA could bring the $3,563 resistance level into sight.

ETH-spot ETF flow trends remain crucial to near-term price moves.

Conversely, if ETH breaks below the 200-day EMA, the bears could target the $2,815 support level.

The 14-period Daily RSI reading, 41.97, indicates an ETH fall below the 200-day EMA before entering oversold territory. (RSI below 30).

Stay Informed on Crypto Trends

Stay informed on bitcoin’s trajectory toward $100k and ethereum’s short-term price movements. Track ETF inflows, macroeconomic trends, and regulatory developments here to effectively navigate the evolving crypto landscape.