$BTC

Bitcoin's current price is $94,946, with a recent surge driven by increased institutional interest, favorable regulatory environment, and macroeconomic trends. Technical analysis indicates a potential breakout above $95,000 could propel the price towards $100,000. Key support levels include $92,800 and $88,000, while resistance lies at $96,000 and $100,000.

Short-Term Scenarios:

Bullish : Breakout above $94,700 could push price to $98,500 and $102,000

Neutral : Trading between $92,000 and $88,000, with potential for sideways movement

Bearish : Breach of $88,000 could lead to decline towards $84,000 and $78,000

Market volatility and risk management are crucial considerations