The price of bitcoin has been trading between $97,076 and $97,547, showing a strong bullish trend across multiple timeframes. Technical indicators suggest both neutral momentum and buy signals, indicating further potential growth while also indicating caution. The 1-hour chart shows a recovery from a local low near $95,796, with the price approaching a key resistance level at $98,966. The 4-hour chart reflects a significant rally from a low of $91,400, with resistance near $99,800. The daily chart shows an overall bullish picture, with bitcoin ascending from $65,000, but momentum is cooling near the critical $100,000 psychological resistance. Key oscillators display neutral readings, while moving averages favor bullish action. However, declining momentum indicators and reduced volume near resistance zones indicate potential vulnerabilities. Traders should exercise cautious optimism and monitor volume and resistance levels.



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