#BTCRebound 🚀 Market Dynamics: BTC's Bullish Trajectory

Currently trading at approximately $97,500, Bitcoin has experienced a significant uptick, with prices ranging between $96,263 and $97,838 today. This upward momentum is bolstered by strong bid liquidity around $96.4K and technical resistance near $98K, suggesting a possible breakout toward the $100K threshold. ​

Blockchain News

Contributing to this rally are positive macroeconomic indicators, including a strong U.S. jobs report and renewed trade discussions with China, which have also propelled traditional markets. These developments have enhanced investor confidence, further fueling Bitcoin's ascent.​

Investopedia