Bitcoin is currently testing the 100-day moving average at $95K, a key support level where a bullish rebound is expected. However, BTC remains within a consolidation range of $90K to $108K, and a breakout is needed to confirm the next major trend. On the lower timeframe, Bitcoin's retracement phase has formed a bullish continuation flag, with a breakout above $100K potentially leading to a surge toward the all-time high of $108K. Additionally, Bitcoin has seen a significant net outflow from exchanges, signaling increased accumulation by holders. This reduction in supply may precede a bullish market movement.



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