Bitcoin (BTC) is striving to regain its $2 trillion market cap with growing bullish momentum. Recent technical indicators like DMI and RSI show a strengthening uptrend, emphasizing the need for consistent buying activity to sustain upward pressure. BTC's EMA lines hint at a potential golden cross, possibly driving the price towards critical resistance levels near $98,870 and beyond. Failure to breach these levels could lead to a pullback, with key support zones at $90,700 and $88,000 becoming important. The DMI chart reveals a significant rise in BTC's ADX to 27.3, indicating a strong uptrend and increased market confidence. The RSI at 60.47 suggests a bullish territory, but a pullback may occur without renewed buying activity. EMA lines crossing indicate a potential uptrend, with a breakout above $98,870 opening doors for further gains. However, failure to break resistance levels could lead to downside pressure, possibly retesting support at $90,700 and $88,000. Read more AI-generated news on: https://app.chaingpt.org/news

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