Bitcoin ($BTC ) has just experienced a strong recovery after the pre-Christmas correction, with the price surpassing the psychological mark of $98,000, bringing a “green Christmas gift” to global investors. On December 24, when Wall Street opened, Bitcoin recorded a high of $99,487, according to data from TradingView. Notably, BTC set a new record at $98,020, breaking recent trading levels. With an increase of more than $5,000, discussions surrounding the Christmas market became lively, attracting the attention of investors. The main driving force behind this price increase was strong buying power in the Spot market, which was seen as a decisive factor in pushing the price up.