Bitcoin approached the $100,000 mark on January 15, 2025, coinciding with fresh US macro data that eased inflation fears. The BTC/USD pair surged approximately 3% for the day, marking a 10% increase from previous levels, encouraging traders that the worst of the price declines are behind them. This positive price action followed the Consumer Price Index release, indicating inflation was still on the rise but without unexpected surprises. Analysts noted a reduction in US dollar strength aligning with rising risk assets. Despite the optimism, some traders expressed caution, suggesting the potential for Bitcoin to test the $90,000 support level again, especially with anticipated volatility around the upcoming government inauguration under President-elect Donald Trump. Market indicators like Bollinger Bands signaled possible increased volatility in Bitcoin's price movements, indicating significant market changes may be on the horizon.

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