Bitcoin is showing signs of recovery after hitting weekly lows on December 4, with BTC/USD nearing $97,000, a 1% daily increase. Recent volatility was triggered by political unrest in South Korea, briefly pushing prices below $94,000. Analysts are eyeing key levels, like the 21-day SMA at $94,560, and suggest reclaiming the weekly open around $97,270 is crucial for further gains. Meanwhile, retail interest in Bitcoin is surging, with a 30% increase in buyer volume among smaller investors, potentially signaling a local top but also indicating strong market engagement.