Bitcoin price has surged above $90,000 and reached a new all-time high at $93,435. Currently, it is consolidating its gains and may attempt to rise further. The price is supported by the 100 hourly Simple moving average and a bullish trend line near $87,200. On the upside, the price could face resistance at $90,500 and $91,200, while a clear move above these levels could lead to more gains towards $95,000 and potentially $100,000. However, if the price fails to break above the $90,500 resistance, a downside correction may occur with support levels at $88,400 and $87,200. Technical indicators suggest that the MACD is losing pace in the bullish zone, while the RSI is above 80.



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