Bitcoin struggles below $100K, may rally without a clear catalyst, says analyst.

Bitcoin has been unable to surpass $100,000 for five months, with analysts divided on what might trigger a rally. Some traders await a major catalyst like Fed rate decisions or regulatory changes, while others, like Michael van de Poppe, believe Bitcoin can gain momentum based on market logic and statistics alone. Despite losing investor attention to AI stocks like Nvidia, Bitcoin has recovered from a low near $60,000 to around $80,000, gaining about 20% in the past month without a dominant bullish narrative. The market now focuses more on macroeconomic factors and institutional interest rather than retail hype, suggesting Bitcoin's next move may not need a single headline event to push it back toward six figures.