In the last 4 hours, Bitcoin (BTC) has shown notable movement, currently trading at around 98,732 USDT. This reflects a modest increase of 0.73% over the past 24 hours, signaling a steady upward trend. Over the past week, Bitcoin's price has surged by over 13%, and its monthly performance indicates an impressive 46.89% increase. Recently, it reached its all-time high for 2024, surpassing 93,000 USDT, which reflects strong bullish momentum.

Technical analysis suggests that Bitcoin is currently experiencing a consolidation phase near its resistance levels, but it remains highly volatile. Traders are eyeing the $100,000 level, with some predicting potential retracement toward the $90,000 zone if it fails to break through key resistance​​​​.

As for broader market sentiment, there has been increased attention on Bitcoin’s performance, with substantial interest from institutional investors as it edges closer to critical milestones. Despite some short-term fluctuations, many analysts remain optimistic about Bitcoin's long-term outlook, considering its strong recovery and performance throughout 2024​​.

For more details, you can follow the ongoing updates on Bitcoin’s market movements from sources like Binance and TradingView​​​​.$BTC