{"id":884335,"date":"2026-01-12T06:12:07","date_gmt":"2026-01-12T12:12:07","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/12\/bitcoins-next-move-may-decide-whether-60000-comes-back\/"},"modified":"2026-01-12T06:12:07","modified_gmt":"2026-01-12T12:12:07","slug":"bitcoins-next-move-may-decide-whether-60000-comes-back","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/12\/bitcoins-next-move-may-decide-whether-60000-comes-back\/","title":{"rendered":"Bitcoin\u2019s Next Move May Decide Whether $60,000 Comes Back"},"content":{"rendered":"
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\"Bitcoin<\/figure>\n<\/div>\n
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Crypto markets may be quietly turning a corner, according to analyst Ran Neuner, but he says this is not the time for blind optimism.<\/p>\n

Neuner says he is <\/a>\u201ccautiously bullish\u201d, meaning the signs look better than before, but the market still has something important to prove.<\/p>\n

Why He\u2019s Feeling Better Than Before<\/h3>\n

Neuner pointed to a key move that happened right around New Year\u2019s. Bitcoin broke above its short-term downtrend and climbed back above its 50-day moving average, a level many traders watch closely.<\/p>\n

What made this move more convincing was the follow-through. Bitcoin didn\u2019t just jump above the level, it came back down, tested it, and held. Neuner says that usually shows strength, not weakness.<\/p>\n

Even more interesting, the same thing happened across other major coins. Ethereum, Solana, and XRP have all moved back above their 50-day averages too.<\/p>\n

\u201cThat tells you this isn\u2019t just one coin moving,\u201d Neuner explained. \u201cIt\u2019s the whole market trying to recover.\u201d<\/p>\n

U.S. Buyers Are Back<\/h3>\n

Another signal catching attention is the return of the Coinbase premium. This happens when Bitcoin trades slightly higher on Coinbase compared to other exchanges, showing stronger demand from U.S. investors.<\/p>\n

Neuner says this matters because many past rallies started when American buyers stepped back in first.<\/p>\n

Simply put, more buyers than sellers are showing up again.<\/p>\n

The Market Is Acting Healthier<\/h3>\n

Neuner also opened up about changes in market structure. Prices are now forming higher highs and higher lows, which is often how recoveries begin.<\/p>\n

At the same time, altcoins have started outperforming Bitcoin, and Bitcoin dominance has slipped a bit. That usually means traders are becoming more confident and willing to take risk again.<\/p>\n

\u201cThese are early signs,\u201d Neuner said, \u201cbut they are signs.\u201d<\/p>\n

The Level That Decides Everything<\/h3>\n

Despite all the positives, Neuner says Bitcoin is heading toward a make-or-break moment.<\/p>\n

The 200-day moving average, which sits around $107,000, is the next major hurdle. In strong bull markets, Bitcoin pushes above this level and keeps going. In weaker markets, price rallies up to it, gets rejected, and then drops again.<\/p>\n

Neuner warned that past cycles have seen this exact setup turn into a fake recovery that pulled people back in before the market fell lower.<\/p>\n

A Warning From the Weekly Chart<\/h3>\n

Zooming out even more, Neuner pointed to the weekly chart, where Bitcoin has dropped below its 50-week moving average. Historically, that level has acted as strong support during bull markets.<\/p>\n

In earlier cycles, once Bitcoin lost that level, price often bounced back to it, failed to reclaim it, and then slid toward the 200-week moving average, which now sits near $60,000.<\/p>\n

That would be the bearish scenario.<\/p>\n

So\u2026 Bull Market or Fake Bounce?<\/h3>\n

Neuner says the market is standing at a crossroads.<\/p>\n

If Bitcoin breaks above major resistance and holds it, this could be the next leg of the bull market. If it fails, the recent rally could end up being just a pause before more downside.<\/p>\n

\u201cFor now, things look better,\u201d he said. \u201cBut the next move will tell us the real story.\u201d<\/p>\n<\/div>\n

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\n \ufeffAnjali Belgaumkar<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto markets may be quietly turning a corner, according to analyst Ran Neuner, but he says this is not the time for blind optimism. Neuner says he is \u201ccautiously bullish\u201d, meaning the signs look better than before, but the market still has something important to prove. Why He\u2019s Feeling Better Than Before Neuner pointed to<\/p>\n","protected":false},"author":1,"featured_media":884336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27753,27574],"tags":[],"class_list":{"0":"post-884335","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoins","8":"category-decide"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/884335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=884335"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/884335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/884336"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=884335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=884335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=884335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}