Bitcoin Stalls Below 100-Day EMA Despite Strong Inflation Tailwind

Summary Bitcoin holds near $95,000 after CPI-driven breakout lifts price to nine-week high. Spot Bitcoin ETF inflows surge to $753m as institutions increase exposure after inflation slowdown. $94,000 support now critical after rejection near 100-day EMA caps upside momentum. By Sholanke Dele ​Bitcoin ( BTC-USD ) price is trading near $95,000 today, Wednesday, January 14, slightly lower than Tuesday’s nine-week peak at $96,200. The mild retracement follows the strongest single-day rally since early December, when Bitcoin surged 5.6% in response to a fresh U.S. CPI report. That move not only broke the previous weekly high at $94,840 but also pushed the asset to its highest level since early November 2025. The rally came on the back of the December CPI data, which showed slower inflationary pressure. Core CPI figures indicated that underlying price growth is cooling, reinforcing expectations of a rate-cutting cycle by the Federal Reserve later this year. That narrative has re-energised demand for risk assets such as Bitcoin, as investors reposition for a softer policy environment in 2026. Bitcoin price dynamics (Jan 2026) (Source: TradingView) Volume metrics also confirmed the strength behind Tuesday’s move. Bitcoin recorded its highest daily trading volume in over two months, reflecting conviction from large buyers. The surge lifted the price above key resistance levels, but gains were limited at the 100-day EMA, currently sitting near $96,000. This technical barrier acted as a ceiling and contributed to a daily close of around $95,400. Spot Bitcoin ETF inflows 3-month high as institutional confidence strengthens Institutional flows have also reacted sharply. According to SoSoValue, spot Bitcoin ETFs saw inflows of $753 million on Tuesday, the largest since October 7, 2025. That is a major step up from Monday’s $117 million, reflecting growing institutional confidence. Total net assets across spot ETFs now stand at $123 billion, adding weight to the bullish macro narrative and reinforcing investor conviction. From a short-term perspective, today’s mild pullback shows signs of stabilisation above key support. The 1-hour chart highlights the previous resistance zone near $94,000, now acting as potential support. This level is further reinforced by the 1-hour 20 EMA, which could serve as a springboard if buyers resume control. BTC-USD's sustained hold above $94,000 opens path toward $98,000 and $100,000 Upside targets now extend to $98,000 and the $100,000 psychological level, provided Bitcoin sustains support above the $94,000 zone. That level, reinforced by the 1-hour 20 EMA, could serve as a springboard for another leg higher. The combination of surging ETF inflows, rising institutional exposure, and softening inflation outlook continues to favour a bullish tone in the short term. Failure to hold above $94,000 and a breakdown beneath the 1-hour 20 EMA would suggest the rally is losing steam. That would expose price to a deeper retracement toward $92,000 support. A drop of that magnitude would offset a significant portion of Tuesday’s gains and could disrupt the early-January bullish structure. In recent analysis, we discussed how Bitcoin traded higher near $92,000 as EMAs supported price within a tight six-day range. Bullish RSI and rising open interest contrasted ETF outflows and softer risk sentiment. This material may contain third-party opinions; none of the data and information on this webpage constitutes investment advice according to our Disclaimer . While we adhere to strict Editorial Integrity , this post may contain references to products from our partners. Original Post