#BTCBackto100K Bitcoin (BTC) has once again surpassed the $100,000 mark, currently trading at approximately $100,883. This resurgence is fueled by a combination of macroeconomic factors and increased institutional interest.

Key Drivers Behind the Surge:

Institutional Investments: Significant inflows into digital asset funds, including $1.8 billion into bitcoin products over the past three weeks, indicate growing institutional confidence.

Federal Reserve Policies: The U.S. Federal Reserve's decision to maintain interest rates between 4.25% and 4.50% has enhanced bitcoin's appeal as an alternative investment.

Technical Indicators: Bitcoin has broken out from a descending channel and pennant pattern, signaling bullish momentum.

Market Outlook:

Analysts project that if current trends continue, bitcoin could reach new highs,