The article discusses the recent price action of Bitcoin (BTC) and analyzes whether the price weakness has come to an end or if there is more to come. It notes that BTC initially fell due to investment banks scaling back expectations for Federal Reserve rate cuts and major U.S. stock indices gapping lower. However, BTC quickly recovered and surged back to $94,000, indicating potential downtrend exhaustion and a potential bottom. The article highlights the importance of a decisive move above $95,900 for confirmation. Additionally, it mentions that BTC's demand continues to exceed supply, which is a bullish indicator. Price volatility may increase following the U.S. CPI report on January 15th. Traders are now closely watching for signs of stability to determine the next direction for BTC.



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