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Recent technical analysis indicates that Bitcoin is navigating between key support and resistance levels:

Support Levels:

Approximately $95,070, with subsequent support around $93,019 and $91,678.

Resistance Levels:

Immediate resistance is near $98,462, followed by $99,803 and $101,854.

Analysts suggest that Bitcoin's recent recovery from $91,000 to $96,794 is supported by consistent higher lows and positive momentum, with key levels to watch at $94,500 for support and $97,500 to $98,000 for resistance.

Looking ahead, some forecasts are optimistic, with predictions of Bitcoin reaching between $150,000 and $185,000 by the end of 2025, driven by factors such as institutional adoption and favorable regulatory expectations.

However, it's important to remain cautious, as the cryptocurrency market is known for its volatility.

Traders and investors should monitor these key levels and market developments closely, as movements beyond these support and resistance points could signal significant shifts in Bitcoin's price trajectory.