Analysts are closely observing Bitcoin's potential rally following a positive Consumer Price Index (CPI) print. The bullish sentiment is partly fueled by expectations regarding the policies of US President-elect Donald Trump. With his upcoming inauguration slated for January 20, there is curiosity about whether the new administration will implement pro-crypto measures, potentially impacting Bitcoin's trajectory.
The market's sustained outperformance may depend on Trump's approach to cryptocurrency regulation and support. Speculation remains high as investors wait to see if his policies will provide a significant boost to Bitcoin's value.