BTCUSD Today, January 14: Two-Month High as CPI Steadies, Shorts Purge
Bitcoin price today surged to a two‑month high near $95,500 after U.S. inflation data met forecasts, lifting risk appetite. The BTCUSD pair traded around $97,180, with an intraday high of $97,844 and low of $94,519. About $587 million in crypto short liquidations fueled the squeeze, while early‑week spot ETF inflows and rising open interest signaled stronger demand. For Swiss investors, the move highlights FX considerations with CHF accounts, plus the importance of clear levels and risk controls as volatility picks up.
Why Bitcoin jumped today
US consumer prices came in as expected, calming rate fears and improving risk sentiment. That backdrop helped Bitcoin price today push to a fresh two‑month high near $95,500, before hovering around $97,180. Intraday ranges were wide, with a high at $97,844 and a low at $94,519. For CHF‑based traders, remember BTCUSD quotes in dollars, so USDCHF swings can affect portfolio value.
Roughly $587 million in crypto short liquidations hit as price broke higher, forcing momentum buying. Average true range near 3,253 shows elevated day‑to‑day movement. Trend quality improved with ADX around 25.9, while the MACD histogram turned positive, supporting follow‑through. This mix points to a market that can run fast in both directions, so sizing and stop placement matter.
What ETFs and futures say
Spot Bitcoin ETF demand returned early in the week, supporting the move and signaling steady institutional interest. Reports of renewed inflows and firmer sentiment echo across coverage from Decrypt and analysis at Forex.com. For Swiss investors, regulated access via listed products or CHF on‑ramps can reduce friction versus offshore exchanges.
Rising open interest suggests new longs are joining, not just shorts covering. Bitcoin price today also sits above its 50‑day average near $89,593, while still below the 200‑day around $106,178. RSI near 48.9 is mid‑range, leaving room for a push if flows persist. Together, positioning and trend suggest dips could attract buyers barring a risk shock.
Key levels and technical setup
The $92.9k–$93k area, flagged as a key barrier, now sits close to first support if price retests. It overlaps with recent breakout structure and the Bollinger upper band near $93,209. Keltner upper near $96,611 has been tested. Bitcoin price today will likely respect these bands, so traders can frame entries around volatility rather than chasing spikes.
If buyers defend above $95,000, the round $100,000 mark is the next psychological magnet. Failure to hold could see a quick slip toward $94,500 and then the $92.9k–$93k zone. A daily close back inside Bollinger bands after an outside move would warn of momentum cooling. Clear invalidation keeps losses small if the breakout fades.
Swiss investor takeaways
Many Swiss accounts are CHF‑based, but Bitcoin trades in USD on major venues. That means USDCHF can impact returns even if BTC is flat. Consider whether to leave USD exposure unhedged or add a simple hedge at the broker. Access via local listed products or reputable exchanges with CHF funding can simplify cash management and reporting.
Volatility is elevated, so position sizing with ATR, staged entries, and no or low leverage can help. Keep a written plan with levels and exit rules. For Swiss residents, crypto may be subject to wealth tax, while private capital gains can be tax‑free if not a professional activity. Confirm treatment with official guidance before sizing exposure.
Final Thoughts
Bitcoin price today is being driven by a cleaner macro read, a sharp short squeeze, and improving institutional interest. Price sits above the 50‑day average and threatens a push toward the $100,000 round level if momentum holds. For Swiss investors, the $92.9k–$93k zone is a practical line in the sand for pullbacks, while $95,000 is a pivot for continuation. Manage USDCHF effects on CHF‑denominated accounts, and use volatility tools like ATR when setting stops and targets. Plan trades around key sessions and ETF flow updates rather than reacting to headlines. A disciplined approach can turn today’s strength into a repeatable process.
FAQs
What moved Bitcoin price today?
A benign US inflation print lifted risk appetite and triggered about $587 million in crypto short liquidations. That forced buying, plus early‑week spot ETF inflows and rising open interest, helped push price to a two‑month high. Technicals improved too, with trend strength firming and volatility expanding, which often supports follow‑through in the near term.
Which levels matter after this breakout?
We are watching $95,000 as a near‑term pivot. Above it, the round $100,000 mark is a logical target. On dips, $94,500 and then the $92.9k–$93k zone are key supports. A daily close back inside Bollinger bands after an outside move could signal a pause or a deeper retrace.
Did US CPI 2.7% change the outlook?
Inflation data met forecasts, which calmed rate worries and supported risk assets. The steady print reduced macro uncertainty, allowing flows and technicals to drive price action. That backdrop helped Bitcoin extend gains, but the trend still depends on incoming data, liquidity conditions, and whether ETF demand remains consistent over the next sessions.
How should Swiss investors view Bitcoin ETF flows?
Positive spot ETF flows suggest durable demand from institutions, which can stabilize price and deepen liquidity. For Swiss investors using CHF accounts, flows are a useful context signal, not a trading system. Combine them with levels, ATR‑based sizing, and clear invalidation points, and consider USD exposure when measuring portfolio risk in CHF.
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.
