Bitcoin Struggles to Break Through $97K Amid Policy Uncertainty

Bitcoin remains locked around the $97,000 mark, failing to capitalize on recent political developments. Despite high expectations that policy shifts might trigger a significant rally, the market has shown surprising restraint.

The lack of upside momentum reflects deeper market dynamics. Traders appear cautious, weighing various factors before committing fresh capital. The absence of a clear catalyst—even from major political events—suggests the market is pricing in uncertainty.

This consolidation pattern isn't unusual in crypto markets. When spot prices plateau, it often signals accumulation phases or consolidation before the next major move. Current levels around $97,000 represent a key technical zone worth monitoring closely.

Market participants should watch for volume patterns and broader macro signals. External events alone rarely drive sustained rallies without underlying market momentum. The real test comes when fundamentals align with sentiment—and whether buyers step in at these levels.