Bitcoin price is on the rise, reaching its highest point since February. However, it faced rejection just below the six-figure level. Market analysts speculate that despite this setback, bullish sentiment could drive the price higher. Several factors contribute to this potential bullish trend. Market dynamics show increased institutional interest, which might indicate that bulls could prevail soon. As Bitcoin approaches this significant psychological barrier, traders are keenly watching market movements. Their actions could influence whether Bitcoin manages to break through or faces further resistance. Overall, optimism surrounds the cryptocurrency as it eyes the $100K milestone. Will the bulls take charge? Only time will tell, but keeping an eye on price action remains crucial.