U.S. core CPI cooled to 2.7% YoY in December, reinforcing expectations for Federal Reserve rate cuts later this year.

Lower inflation historically benefits scarce, non-yielding assets like Bitcoin, improving the macro backdrop.

At the same time, the #Clarity Act has been released ahead of its Congressional markup, aiming to provide clearer regulatory frameworks for digital assets.

& #BitcoinETFs have recorded a positive net inflow on Jan. 12 ending a 4 straight day streak of negative outflows despite Blackrock keeping on its negative outflow for 4 straight days now, the net inflows were coming mainly from Fidelity and Grayscale.

Technically, $BTC is forming an ascending triangle and has reclaimed its 50-day EMA, signaling improving momentum.

A confirmed breakout could open a move toward major resistance near $100,000, while a drop below triangle support would invalidate the setup. #WriteToEarnUpgrade #CPIWatch