Bitcoin Nears $100K Amid Market Optimism and Strategic Debates

Bitcoin has rebounded to $96,000, with on-chain data suggesting a potential rise to $100,000. Despite macroeconomic volatility, including a slight increase in U.S. inflation, Bitcoin has shown resilience, diverging from traditional stock markets. The cryptocurrency's recent price action indicates a possible local bottom at $90,000, supported by strategic investor activity and accumulation. However, breaking the $99,000 resistance will require both micro and macroeconomic support, with on-chain data and broader trends playing crucial roles in determining Bitcoin's next move.