Bitcoin is preparing to challenge the $100K level once again after hitting a low at $91K. 📈

- On the daily chart, Bitcoin has been supported multiple times at the $92K level, indicating the potential for a bottom to aim for new highs above $100K. The next potential target could be $110K.

- The 4-hour chart shows that BTC price has broken out of the upward channel and has retested the lower boundary, but the $92K support area has prevented further declines. With the RSI above 50%, market momentum can be considered positive.

- On-chain analysis indicates that selling pressure from short-term investors has hindered the upward momentum, but demand remains strong enough to keep the price above $90K. 🚀