Last Friday, Bitcoin experienced dramatic price fluctuations in response to the release of U.S. inflation data. As the Consumer Price Index (CPI) reported lower-than-expected figures, investor optimism soared, driving risk assets up and pushing US stocks towards record highs. This positive development suggests potential easing measures from the Federal Reserve. However, Bitcoin’s price action remained volatile. Following initial surges to a peak above $112,000, it saw selling pressure emerge at market open, with traders citing limited buy support below current levels as a contributing factor. [Insert a brief summary of what happened and how the market reacted.] The volatility was further evident in CoinGlass data, which indicates significant liquidation risks around $110,000. However, technical analysts believe that reclaiming key exponential moving averages (EMAs) like the 21, 55, and 200-day EMAs could help fuel a sustained rally. While Bitcoin’s rebound from the 200-day EMA is encouraging, experts agree that a decisive break above retest levels around the 21 and 55 EMAs is crucial for confirming a sustained bullish momentum.