Bitcoin Consolidates Around $95K: Bullish Patterns Emerge

Bitcoin is currently trading near the critical resistance level of $95,000, exhibiting signs of bullish momentum. Recent recovery efforts showed a V-shaped rebound from a local low of approximately $74,434.

Following this correction, traders are gauging potential price trajectories as Bitcoin approaches the $98,000 target. With a steady build-up of support, an upward movement could be imminent, depending on market conditions.

As speculations grow, investors should keep an eye on market signals that may indicate the next wave of activity in Bitcoin’s performance.