Bitcoin’s rally gained momentum this week as spot market demand intensified, pushing prices above $95,000 and reigniting expectations of a move toward the psychologically important $100,000 level. Analysts say the structure of the move — led by direct spot buying rather than leverage — points to a healthier breakout setup. Key takeawaysBitcoin surged past $95,000 as spot buyers took control of market momentumOver $269 million in Bitcoin short positions were liquidated in 24 hoursAnalysts say a spot-driven rally increases the probability of a $100,000 testRetail FOMO could return if BTC sustains strength near six-figure territorySpot buying drives Bitcoin breakout above $95KBitcoin climbed more than 4. 5% over the past 24 hours, trading near $95,200 at the time of writing, as buyers accumulated the asset directly on spot markets
source: https://www.binance.com/en/square/post/35057141272913?utm_source=BinanceNewsRSS