The Bitcoin price is showing signs of a bullish market movement, supported by technical indicators such as the Tenkan and Kijun lines. The price needs to exceed $94,300 to confirm this positive trend and potentially move towards the long-term equilibrium point at $99,400. While Bitcoin has recovered from a recent pullback, it has not yet entered a confirmed breakout phase and faces resistance at $94,300. Breaking this resistance could open the path towards the $99,400 level. Traders are optimistic about Bitcoin's price, but further confirmation is needed to support long-term bullish trends.



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