Bitcoin daily chart breaks through the previous box top at the key resistance level of 94500. The bullish momentum continues to release, pushing the price strongly higher to around 98000. Subsequently, due to selling pressure from above, a technical correction unfolds.

In the short term, 95500 forms a key support line within the day. If the price stabilizes above this support and gains further momentum to attack higher, then breaking the 100000 integer level will be a high-probability event!

The intraday market shows that the price is consolidating in a high-level oscillation around the upper band of the Bollinger Bands, which are expanding upward in an open-mouth pattern.

The short-term moving average system is turning upward in sync, forming a bullish arrangement, providing strong support for the price to rise. The MACD indicator's fast and slow lines maintain a golden cross and diverge upward, with the red energy bars continuing to expand, indicating that bullish momentum remains abundant. The KDJ indicator's three lines are crossing and moving upward!$BTC