Bitcoin has bounced back, climbing 6.25% from a recent low of $90,742 to over $96,000 as of November 29. On-chain data indicates that Bitcoin whales have been busy, snapping up $1.5 billion worth of BTC during the price dip. This buying spree saw whales accumulate 16,000 BTC, suggesting their significant role in the price recovery. However, analysts note that for Bitcoin to break past the $100,000 mark, increased buying from both retail and institutional investors is necessary. Currently, BTC is supported around the $95,672 level, with resistance looming at $96,400.