Bitcoin has rebounded above the critical $88,000 mark, according to a market analysis by QCP. This recovery comes after recent dips below this level triggered sharp declines due to liquidations. The cryptocurrency's price is now expected to consolidate, with upcoming U.S. macroeconomic events likely to influence market dynamics. Key events include the Federal Open Market Committee's interest rate decision on January 28, the government funding deadline on January 30, and a Senate discussion on crypto market legislation. These events could impact market volatility, with the options market indicating potential asymmetry. The Federal Reserve's stance on interest rates remains a focal point, as inflation persists above 2% and employment shows signs of weakening. A hawkish decision could strengthen the dollar and introduce short-term volatility in risk assets.