PANews reported on February 12 that Glassnode co-founders Yann Allemann and Jan Happel reported through their X account Negentropic: "Today's release of the US Consumer Price Index (CPI) will bring volatility to the market. The value is expected to be higher, but any surprises may cause market turmoil. Bitcoin is currently maintained at around $95,000, but may fall to the $94,000 to $92,000 range to absorb liquidity. If this trend holds, the bullish reversal may bring Bitcoin back to the $97,000 to $98,500 range - this is the key area that must be recovered before moving towards the $100,000 target."