Bitcoin's recent rally hit a snag as it dipped below $87,000 on Nov. 15, following a new all-time high on Nov. 13. The market is consolidating amid concerns over U.S. inflation, with the October Producer Price Index (PPI) rising to 2.4%, sparking stagflation fears. The Federal Reserve's rate cut odds for December dropped to 58% from 82% as traders brace for potential policy shifts. Analysts suggest a retest of the $86,000 support level could be healthy, with hopes for Bitcoin to reach $100,000 by Thanksgiving if the trend line holds.