Bitcoin recovers and surpasses 96,000 USD: Bitcoin’s recovery is drawing significant attention as the price climbs above 96,000 USD. Recent movements indicate Bitcoin has risen by over 1.3% in the past 24 hours, solidifying a strong upward trend.

Market indicators support price increase: Current market indicators suggest short-term upward momentum is forming. A chart from financelot shows Bitcoin moving within an upward channel with the MACD indicator trending upwards. Both signals point to increasing market strength.

The 100,000 USD resistance level is crucial: The 100,000 USD resistance level is significant. If Bitcoin breaks through this, the next target could be 109,000 USD. However, if it fails to maintain above 100,000 USD, a strong correction could occur.

Information from Santiment: Data from Santiment reveals that the average dollar investment age of Bitcoin has dropped to 466 days, indicating that inactive Bitcoin is being traded again, reflecting increasing market confidence.