The content suggests that Bitcoin has regained bullish momentum after retesting $93,540. It mentions that the BTC price is likely to bounce towards the $100,000 mark and potentially reach $106,000. The article discusses the ascending triangle pattern, which is considered bullish and could lead to a breakout rally. However, Bitcoin faces resistance near $100,000, which has provided support and reversal points in the past. The article also mentions the morning star pattern, a bullish reversal pattern that could support a breakout. The MACD indicator and long-term holder data suggest a potential bullish reversal. Fibonacci levels project price targets at $110,000 and $115,000 if there is a triangle breakout rally. The article concludes by stating that there is a strong hint at a potential bounce-back as Bitcoin enters the oversold region.



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