$BTC **🚀 Bitcoin ($BTC) Surges Past $97K: What’s Driving the Rally?**

Bitcoin ($BTC) has reclaimed the **$97,000** mark, signaling strong bullish momentum as institutional demand and macroeconomic factors fuel the uptrend . Key drivers include:

- **Institutional Inflows**: Spot Bitcoin ETFs recorded **$4.5B in net inflows** in recent weeks, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the charge .

- **FOMC Catalyst**: Traders anticipate a dovish Fed stance, with Bitcoin’s price action historically volatile around rate decisions. A potential rate cut signal could propel BTC toward **$100K** .

- **Technical Strength**: BTC defends **$94.5K support**, with RSI and MACD indicators supporting further upside .

- **Whale Activity**: A high-leverage **$127.7M short position** risks liquidation near **$104K**, which could trigger a short squeeze .

With Bitcoin dominance at **70%**—its highest since 2021—altcoins may lag as capital rotates into BTC .

**Will $BTC break $100K this week?** Share your thoughts below! 👇 #Bitcoin #Crypto #FOMC