Bitcoin has experienced a bullish recovery, reaching a market price of $96,830 with a 24-hour surge of 5.73%. Analysts anticipate a bullish recovery in the coming week and speculate whether Bitcoin will surpass the $100,000 mark. The BTC price has avoided a bearish closing and is challenging the resistance level above $95,000. Institutional investments in Bitcoin remain generally negative, with daily net outflows recorded for various Bitcoin ETFs. Despite this, Bitcoin's open interest remains high at $60.41 billion. The funding rate has recovered from a drop during the pullback phase. Liquidations have occurred, with long positions experiencing losses. However, recent trends suggest a bullish continuation, with weakening bearish influence.



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