## Bitcoin's Surge Fueled by Spot Market Buying Cointelegraph's analysis highlights a key factor behind Bitcoin's recent price increase: strong buying volume in the spot market. Unlike surges driven by futures or margin trading, this spot market activity suggests a more sustainable and organic bull run. ## Limited Impact from Futures Market Interestingly, the futures and margin markets showed a tepid response to this price movement. This reinforces the idea that the upward pressure stemmed primarily from genuine buying demand for Bitcoin itself, rather than speculative trading. ## Breaking $100,000 Resistance With Bitcoin consolidating above $90,000, short positions are increasingly at risk. This price level strengthens Bitcoin's independence from traditional stock markets. If this decoupling continues, it could pave the way for Bitcoin to overcome the psychological resistance level of $100,000 and reach new all-time highs. ```