Bitcoin might see a big price move by the end of January, likely around the Jan. 29 FOMC meeting. The price could go up or down from $97,500. This is because Bitcoin’s price is stuck in a narrowing pattern, which often leads to a breakout. If inflation is lower than expected, Bitcoin could go up. However, caution is advised due to the upcoming US presidential event. Traders should be ready for the breakout, no matter which way it goes.