ChainCatcher news, according to Cointelegraph, the current price of Bitcoin is $99,260, up 6.5% from the low of $92,458 on December 23. After experiencing a significant pullback of 14.5% from the all-time high of $108,275 set on December 17, traders have shown renewed confidence following this correction.

Bitcoin derivatives data remains neutral to bullish, indicating that the sharp price fluctuations have not significantly affected market sentiment. This market positioning supports the possibility of Bitcoin potentially breaking through $105,000.