BTCUSD Today: January 06 — Bill Miller, Tom Lee Boost Bull Case
Buy bitcoin interest is rising after upbeat calls from veteran investors. BTCUSD trades near $93,870.06 with momentum firming and dip demand returning. Bill Miller sees new all-time highs in 2025, while Tom Lee is optimistic into 2026. For Canadians, we outline key levels, a concise Bitcoin price forecast, and practical ways to gain exposure through domestic accounts. We also flag risks, so readers can decide when and how to buy bitcoin with a clear plan.
Veteran voices lift the bull case
Bill Miller bitcoin commentary points to potential new all-time highs in 2025, while Tom Lee bitcoin guidance stresses optimism for 2026 as adoption and liquidity improve. See Miller’s view via CryptoRank and Lee’s comments on CNBC video mirrored by MSN. Sources: CryptoRank, MSN.
Miller Value Partners notes an improved technical pattern, hinting at another upward move. That backdrop can support staggered entries for investors who want to buy bitcoin on weakness. With retail and institutions turning more constructive, liquidity around key levels may deepen. This often reduces slippage for larger orders and can moderate spreads on Canadian platforms during peak trading hours.
Technical picture and levels to watch
BTC momentum is firm: RSI 59.17, ADX 32.77, and a positive MACD histogram. Price sits above the 50-day average at 89,217.17 but below the 200-day at 106,703.36, a constructive mid-cycle look. Our Bitcoin price forecast framework implies room to test resistance if momentum holds, though confirmation requires higher highs with rising volume and sustained closes above short-term bands.
Spot trades near the Bollinger upper band at 93,469.86, with ATR at 3,435.48 signaling active ranges. CCI 332.10 and Williams %R at -6.00 flag short-term overbought risk. Day range is 91,479.28 to 94,825.27. If you plan to buy bitcoin, consider scaling entries and using alerts near pullback zones to target better average costs.
What Canadian investors should consider
Canadians can buy bitcoin through regulated crypto platforms or TSX-listed spot bitcoin ETFs inside RRSPs and TFSAs. CAD funding reduces FX friction, while limit orders help with price control. For those who dollar-cost average, set weekly or biweekly amounts. Tom Lee bitcoin optimism supports staying invested through cycles rather than trying to time every move.
Keep position sizes modest relative to risk tolerance, often 1% to 5% of a diversified portfolio. Fees, spreads, and custody choices matter. Consider CAD exposure if you buy bitcoin directly in USD quotes, as FX can affect returns. Bill Miller bitcoin views strengthen the longer-term case, but risk controls should guide entries and exits.
Scenarios and timelines
Short-term model prints a monthly Bitcoin price forecast near 95,858.57 and a quarterly target of 135,658.38 if momentum extends. Yearly projection sits around 93,717.01, reflecting path dependency and volatility. These align with 2025–2026 optimism from veteran voices. Watch for confirmation via higher highs and improving breadth before increasing exposure.
A close below the 50-day average at 89,217.17, or a slide under the lower Bollinger band at 84,114.07, would weaken the case. Fading ADX or negative breadth would also hurt momentum. Macro shocks can widen spreads. If you buy bitcoin, use stop ranges, staged buys, and clear maximum drawdown limits.
Final Thoughts
Big-picture signals are improving. Bill Miller highlights the chance for new highs in 2025, while Tom Lee points to strength into 2026. Near term, BTC shows firm momentum, trades above its 50-day average, and sits close to upper bands, so pullbacks are likely. For Canadians, the practical path is clear: plan entries, use limit orders, consider dollar-cost averaging in CAD, and choose between direct exposure or TSX spot ETFs inside registered accounts. Set alerts around 89,217 and 84,114, review fees and tax rules, and size positions modestly. If momentum confirms with higher highs and stronger volume, gradually add. If signals weaken, protect capital and wait for better prices.
FAQs
Is today a good time to buy bitcoin in Canada?
It depends on your plan. Momentum is firm but short-term signals look overbought, so consider scaling in with limit orders. Many Canadians use dollar-cost averaging in CAD inside RRSPs or TFSAs via spot ETFs or regulated platforms. Define your risk per trade and use alerts near key support.
How does the Tom Lee bitcoin outlook affect prices?
Tom Lee’s optimistic view into 2026 supports sentiment and can attract both retail and institutions. Positive narratives often tighten spreads and lift liquidity near support. It does not guarantee gains, but it can extend trends when technicals confirm. Use the outlook as context, not a replacement for risk controls.
What is Bill Miller bitcoin view for 2025?
Bill Miller has suggested the potential for new all-time highs in 2025, citing improving adoption and market structure. That view aligns with a constructive multi-year thesis. Investors should still plan entries, size positions prudently, and reassess if price loses key moving averages or momentum fades materially.
What BTCUSD technical levels are most important right now?
Key gauges include the 50-day average at 89,217.17 and the 200-day at 106,703.36. Bands at 93,469.86 (upper) and 84,114.07 (lower) frame near-term ranges. RSI at 59.17 and ADX at 32.77 show firm momentum. Watch for closes above resistance with rising volume before adding to positions.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
