$BTC

The Bitcoin price is set to return to the $100,000 mark on January 6, 2025, possibly influenced by multiple factors:

1. **Market Sentiment and Confidence**:

- Recent market sentiment appears to have recovered from previous corrections, with investors regaining confidence in Bitcoin's long-term value and its role as a hedge against inflation. Posts on platform X indicate an optimistic market sentiment, with many anticipating further increases in Bitcoin's price.

2. **Macroeconomic Factors**:

- The macroeconomic environment, including global monetary policy and inflation expectations, could impact Bitcoin's price. Bitcoin is often seen as a tool against inflation, so it tends to be sought after during economic uncertainty or expectations of currency depreciation.

3. **Technical Analysis**:

- From a technical analysis perspective, breaking through $100,000 may occur because Bitcoin has found strong support after months of fluctuations, coupled with bullish signals, such as a decline in the RSI, which may indicate a rebound after a correction.

4. **Institutional Investment and Market Liquidity**:

- Continuous entry of institutional investors has increased market liquidity, driving prices upward. In particular, the rise in perpetual futures funding rates may reflect optimistic market expectations for Bitcoin.

5. **Celebration of a New Era and Marketing**:

- Some trading platforms, such as OKX, are utilizing the historic moment of Bitcoin breaking $100,000 for marketing activities, attracting more new users into the market. This may have temporarily increased demand.

6. **Political and Policy Changes**:

- While specific political events may not have a direct impact on that day, the global political situation and policy changes generally affect market risk appetite. For example, policy expectations after the U.S. elections could subsequently influence market sentiment.