The Bitcoin price has started a recovery above the $95,000 level and could potentially continue to rise if it clears the $100,000 resistance zone. It was able to climb above the $94,500 and $95,000 resistance levels and broke a key bearish trend line with resistance at $95,000. The price is currently consolidating gains after reaching a high of $99,400. Immediate resistance is near the $99,000 level, with the next key resistance at $99,500 and potentially $100,000. If the price fails to rise above the $99,000 resistance, it could continue to move down, with immediate support near the $97,000 level. The MACD is gaining pace in the bullish zone and the RSI is above the 50 level. Major support levels are at $97,000 and $96,000, while major resistance levels are at $99,000 and $100,000.



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