$BTC Bitcoin (BTC) is currently trading around $96,300, showing slight volatility in the past 24 hours. After a significant rally in previous weeks, BTC is consolidating near the $97,000 mark, facing some resistance in the $98,000-$99,000 range. Analysts note key support levels at $93,500 and $88,000.

Market sentiment appears cautiously optimistic, with the RSI hovering around neutral to bullish territory and the MACD nearing a bullish crossover. Some predict a potential breakout above $98,000, targeting $102,000-$105,000. However, failure to break resistance could lead to a correction. Long-term holders remain strong, and institutional interest via ETFs continues to play a role.