$BTC Bitcoin's price has surged to a remarkable $101.7K, marking an impressive 5.1% gain today alone. This upward momentum has propelled the cryptocurrency significantly above its short-term and mid-term Moving Averages (MAs), signaling a strong bullish trend in the market. The bulls appear to have firmly established their dominance, driving the price with considerable force. This substantial price increase and the positioning above key MAs suggest strong buying pressure and positive sentiment surrounding Bitcoin. Investors and traders are likely observing this rally with keen interest, as the market demonstrates significant upward momentum. The current price action underscores the volatility and potential for rapid gains within the cryptocurrency market.