Bitcoin's price has been consolidating between $91,000 and $108,268 since surpassing $90,000 on Nov. 19, with analysts suggesting this phase may be nearing its end. Technical indicators, including tightening Bollinger Bands, hint at a potential breakout, especially with bullish sentiment surrounding Donald Trump's upcoming inauguration on Jan. 20, which could lead to pro-crypto policies. Investors are increasingly optimistic, as evidenced by significant call options activity at $100,000 and $120,000 strike prices.