Bitcoin price has seen a strong increase after finding support at around $78,000. It has now surpassed the $90,000 level and is testing the $95,000 resistance. If Bitcoin is able to clear this resistance, it could continue higher towards the $98,500 and $100,000 levels. On the downside, immediate support is at $92,000, followed by $90,000. Technical indicators suggest a bullish trend, with the MACD gaining pace in the bullish zone and the RSI above 50.
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