The hottest topic these days is whether or not to chase the Bitcoin rebound. If you chase, you’re afraid of buying at the top; if you don’t, you’re afraid of missing out. While it’s hard to say for sure if the bull market is really back, there are solid reasons to believe the price could head towards 98 in the near future.

From a technical perspective, Bitcoin has been consolidating within a triangle pattern and has now broken through the resistance line of this range, which is a clear bullish signal. Based on chart analysis logic, after such a breakout, the price is highly likely to continue upward, and 98 is the target derived from this breakout pattern.

On top of that, the expectation that Hassett might take over the Federal Reserve has further fueled the market. He’s generally dovish and is likely to push for rate cuts and inject more liquidity into the market. Risk assets like Bitcoin typically benefit from loose liquidity. Moreover, his close ties to the crypto industry could lead to clearer regulations, attracting traditional capital. However, there’s also the risk of the market getting ahead of itself with these expectations—the Fed’s policy isn’t determined by one person alone. If actual policy changes don’t match expectations, we could see a pullback. Additionally, the crypto market has its own cycles. The bull market expected in the second half of 2026 relates to Bitcoin halving and policy lag effects; macro policy is just a catalyst.