Bitcoin Strengthens by More than 4 Percent to Rp1.6 Billion Level, What is the Trigger?

JAKARTA - The crypto market has strengthened significantly in the last 24 hours, with a surge in the price of Bitcoin (BTC) which rose 4.08% to the level of US $95,215 or around Rp1.60 billion.

In fact, Financial Expert Ajaib, Panji Yudha, noted that Bitcoin had broken through the level of 96,000 US dollars (Rp1.61 billion) for the first time since November 2025, with the highest price in the last 24 hours reaching 96,383 US dollars (Rp1.62 billion) on the Ajaib Alpha application.

Panji assessed that this rally was triggered by the release of lower-than-expected US inflation data, where the latest data from the US Bureau of Labor Statistics showed core inflation (Core CPI) in December 2025 only rose 0.2% on a monthly basis and 2.6% on an annual basis, lower than market projections.

"The decline in this inflation figure strengthens market expectations that the Fed may take a looser monetary policy in the first quarter of 2026," Panji said in a statement Wednesday, January 14.

For today's movement, Bitcoin is expected to move in the range of US$94,000-97,000 (Rp1.58 - Rp1.63 billion). If Bitcoin is able to remain stable above US$95,000 (Rp1.60 billion) and build a new support, the opportunity for further strengthening will be increasingly open.

Conversely, if it fails to defend this area, the market has the potential to move sideways again or experience a short-term correction.