Bitcoin has seen a significant surge in its market capitalization, exceeding $890 billion and setting new records. This remarkable rise reflects investor confidence that the bullish market trend will continue. Both long-term and short-term holders are accumulating Bitcoin (Sats) as they believe in further price appreciation. Meanwhile, whales with holdings over 1,000 BTC have been actively buying since March, contributing to this upward momentum. The price of Bitcoin jumped above $97,000 following news of US Treasury Secretary Scott Bessent’s upcoming trade talks with China, triggering a short squeeze and further reinforcing bullish sentiment. Support levels between $93,000-$95,000 remain strong, while targets like $100,000 are attracting attention once again. 100,000 could become the next milestone if BTC clears this level and solidifies it as support. Traders closely monitor these resistance zones.