Bitcoin has recently surged past the $96,475 mark, up over 1.3% in the last 24 hours, continuing its strong upward trend. This positive movement is supported by key market indicators that suggest short-term bullish momentum is building.

Meanwhile, Financelot’s tweet shows an interesting chart with some clear signs of growth. Bitcoin’s price is moving within an ascending channel, and the MACD pointing upwards. These signals suggest that market strength is growing and investor confidence is on the rise.

Bitcoin looks like it's about to break above $100k, potentially running to $109k this week before collapsing.

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