Bitcoin price is rebounding after falling into the $91,400 range. It has shown some positive signs and could gain momentum if it breaks through the $96,000 resistance. The price has surpassed several resistance levels and is trading above $94,000 and the 100 hourly moving average. The immediate resistance is at $95,250, followed by $96,000. If the price continues to rise, it could test the $98,800 and $99,500 levels. However, if it fails to break the $96,000 resistance, there could be a fresh decline. The immediate support is at $94,000, with further support at $93,500 and $92,550. Technical indicators suggest bullish momentum, with the MACD in the bullish zone and the RSI above 50.



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