The bitcoin price continued its strong run this week, breaking out of a multi‑week trading range and climbing well above key psychological levels as market participants digest macroeconomic data and new institutional interest.

The bitcoin price hit an eight-week high and triggered roughly $700 million in short liquidations, per Bitcoin Magazine Data. Polymarket now estimates a 73% chance that Bitcoin will reach $100K in January.

After trading relatively sideways near the low‑$90,000 or lower for the last two months, the bitcoin price began gaining traction over the weekend, ultimately surging above $97,000 at the time of writing. This is its best level in more than two…

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