BTCUSD Today, January 14: Two-Month High on Fed Cut Bets, $270M Shorts Purge
Bitcoin price today surged above $95,000 to a two-month high on January 14 as softer US inflation lifted expectations for Fed rate cuts. The rally in BTCUSD gained momentum after about $270 million in short positions were liquidated, pushing spot demand higher. As of writing, price trades near $97,550 with an intraday high at $97,949. The upcoming CLARITY Act review on January 15 adds a regulatory catalyst. We explain the drivers, key technical levels, and actionable insights for investors in Germany.
Why Bitcoin jumped today
Markets reacted to cooler US inflation, which increased the odds of Fed rate cuts in 2026. That improved liquidity outlook supported risk assets and lifted crypto. Bitcoin price today extended gains after reclaiming the $95,000 handle, with spot markets leading. For context on how inflation shifted expectations, see this recap from CoinDesk source.
Roughly $270 million in short squeeze liquidations amplified upside, forcing rapid buybacks. Additional spot bids followed, helped by ongoing institutional interest, including MicroStrategy’s recent purchase program. Macro and regulatory tailwinds also supported sentiment, as noted in a broad market overview here source. Together, these forces helped the rally clear resistance and test new session highs.
What German investors should focus on
Many investors in Germany prefer euro-denominated products like Xetra-listed Bitcoin ETPs or BaFin-regulated brokers. While USD pairs drive price discovery, euro products can show small tracking differences due to EURUSD moves and fees. Checking spreads during European trading hours and comparing total costs helps align exposure with your strategy without relying only on offshore venues.
Volatility picked up as turnover climbed to 1.71 billion versus a 0.76 billion recent average. Use limit orders and consider staged entries to manage slippage. Bitcoin price today highlights the need for clear sizing rules. For euro accounts, monitor EURUSD intraday since FX swings can add or trim returns even when the underlying in USD is flat.
Technical setup and key levels
RSI sits at 48.91, a neutral reading, while ADX at 25.89 signals a strengthening trend. MACD histogram is positive at 721.64, reflecting improving momentum. Price trades above the 50-day average at 89,735 but remains below the 200-day at 106,120. This places the structure in a recovery phase inside a broader medium-term range.
Price pressed above the upper Bollinger Band at 93,209 and approached the Keltner upper band at 96,611, signaling a stretched near-term tape. Initial support sits near 95,000, followed by the Keltner middle at 90,105 and the 50-day average at 89,735. Resistance appears at 100,000, then the 200-day at 106,120 and the year high at 126,296. ATR is 3,253.
Forward cues: macro and policy watch
The CLARITY Act heads to a US Senate review on January 15. Any progress that improves definitions around digital assets could support institutional adoption and custody frameworks. While details are pending, clearer guidelines tend to reduce uncertainty premiums. Investors should track committee notes and any follow-up drafts that outline treatment for tokens, stablecoins, and corporate holdings.
Fed rate cuts would lower funding costs and often support risk appetite. Combined with ongoing corporate accumulation and ETF inflows, dips may find buyers. Our model projections show a monthly baseline near $95,859, a quarterly scenario around $135,658, and a yearly estimate near $93,717. Treat these as directional, not guarantees, and reassess if data or liquidity conditions shift.
Final Thoughts
Bitcoin price today reflects a policy-driven, spot-led move that cleared the $95,000 mark and triggered a cascade of short covering. For German investors, the setup favors disciplined execution in euro products, a close eye on EURUSD, and respect for rising volatility. Technically, price is above the 50-day average but below the 200-day, with resistance near 100,000 and 106,120. Watch the CLARITY Act review on January 15 for potential sentiment shifts, and monitor incoming US data that influences Fed rate cuts. Keep size consistent, use limits, and review risk as conditions evolve.
FAQs
Why is Bitcoin price today rising?
Softer US inflation boosted expectations for Fed rate cuts, improving liquidity conditions for risk assets. That drew fresh spot buying and triggered about $270 million in short squeeze liquidations. Together, these forces pushed price through resistance, extended momentum, and set a two-month high above $95,000 during today’s session.
What are short squeeze liquidations?
A short squeeze happens when traders betting against price are forced to buy back positions as the market rises. Liquidations occur when margin rules close those shorts automatically. That buying pressure adds fuel to upside. Today’s move included roughly $270 million of liquidations, which accelerated the rally.
How do Fed rate cuts impact Bitcoin?
Lower policy rates reduce funding costs and can lift appetite for risk assets. When markets anticipate cuts, dollars may rotate into higher beta exposures like crypto. The effect is not guaranteed, but easier financial conditions have historically supported liquidity, tighter spreads, and improved breadth across digital assets.
What should investors in Germany watch this week?
Track the CLARITY Act’s Senate review on January 15 for regulatory signals, and watch EURUSD since FX swings affect euro-denominated returns. Technically, focus on 95,000 support, 100,000 resistance, and the 200-day average near 106,120. Check product spreads on Xetra-listed ETPs during European hours to improve execution.
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.
