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Bitcoin has surpassed the $94.4K mark, and market participants are increasingly optimistic about a push toward $100K. The question now is whether this collective enthusiasm will sustain momentum or give way to profit-taking.
The technical setup suggests BTC could extend its rebound well beyond the $100K level, depending on how market participants respond in the coming days. Greed cycles and fear cycles typically drive major price movements – and right now, the crowd appears firmly on the bullish side.
Keep an eye on key resistance levels as Bitcoin continues to test higher ground. The next 48-72 hours should tell us whether this rally has legs or if we're due for a pullback.