Bitcoin (BTC) is currently trading at $94,270, following a strong breakout on the daily timeframe. After weeks of sideways movement, price action has exploded past the $88,000 resistance zone with force. A bullish daily candle has closed well above the upper Bollinger Band, confirming the momentum shift. The 20-day SMA, now sloping upward, reinforces this trend reversal. This breakout is the first decisive bullish move since Bitcoin’s post-halving consolidation began earlier this month.