Bitcoin has been struggling to climb back above the $100K resistance level but has found support at the $92K level. There is optimism that the market is making a bottom and could rally towards a new high above $100K, possibly targeting $110K. The 4-hour chart suggests a bullish market momentum, with the RSI rising above the 50% threshold. However, there is uncertainty as investors debate whether the bull run is over. Short-term holders have been realizing profits, resulting in selling pressure, but the market is still holding above $90K, indicating sufficient demand to potentially push the price higher in the coming weeks.



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