Recently, Bitcoin's price surged past $95,000, signaling a revival of the long-awaited bull market after a significant decline. Following several months of consolidation, traders are questioning whether Bitcoin can surpass its previous record of $108,000. Analyzing technical data, the reclaiming of key resistance levels, particularly the short-term holder realized price, suggests potential sustained momentum. Historical patterns during bull markets support the idea that this reclaiming indicates market strength and provides a solid foundation for further price advancement, attracting renewed optimism from investors and analysts alike.
Bitcoin's recent price surge past $95,000 signals a potential return to a bull market as investors eye a possible breakout past its all-time high.
The reclaimed short-term holder realized price indicates significant market strength, suggesting a possible robust foundation for Bitcoin's continuing upward movement.
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