Bitcoin has formed a 1H box pattern after breaking out of the $96,500 mark. The upper range of the box pattern is at $96,279, just above the 0.236 Fibonacci level. With the presence of a morning star candle pattern, there is a possibility of a rally to $98,571, the 0.382 Fibonacci level. The chances of a bullish reversal are increasing as the technical indicator MACD shows a positive crossover, but the market sentiment still seems cautious. If BTC breaks the support level of $95,300, there might be a correction to $92,573. This analysis is based on the current market conditions and may change as the market evolves. Traders should always do their own research before making any investment decisions. ```

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