Bitcoin is back above $95K and the timing is not a coincidence.
A softer CPI print took some heat out of the inflation story, rate cut expectations perked up, and $BTC immediately caught a bid. Price jumped over 3.5% and is now pressing into the same $95K to $97K zone that has smacked down rallies for weeks.
So is $100K back on the table?
It is, but only if this move actually sticks.
The bull case:
• Macro headwind eases, risk appetite improves, and BTC finally gets acceptance above the $95K to $97K ceiling.
• If we get a clean close above that zone and a successful retest, $100K becomes less of a meme and more of a magnet.
The stall case:
• We have seen this movie before. BTC pushes into resistance, everyone gets excited, then it fades as sellers unload into strength.
• If BTC cannot hold $95K and slips back into the range, $100K gets delayed and we go right back to chop.
The tell is simple: does BTC build higher lows above $95K, or do we get another fast rejection wick.
