$BTC Bitcoin's bullish trend is evident this week, with its price surging past $102,698.41. Key factors driving this momentum include increased adoption, institutional investment, and potential supply reductions. Analyzing recent price movements, Bitcoin has consistently broken resistance levels, showcasing a strong upward trajectory. Support levels are established above $97,450 and $94,000, providing a safety net for investors. As the cryptocurrency market evolves, traders are watching crucial indicators like the MACD and Super Trend, both signaling bullish sentiments. With these trends in place, Bitcoin's price movement will be pivotal in determining market direction.¹
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