: BTCUSD Daily Chart – Rising Trendline Holds, Momentum ImprovinBitcoin / U.S. dollarBITSTAMP:BTCUSDDrForexPhdPrice Structure Bitcoin is trading around $95,000, respecting a rising trendline from the December lows. The market has shifted from a strong downtrend (Nov) into a higher-low / higher-high structure, suggesting a short-term bullish recovery. Price recently pulled back slightly after testing the $98k–$99k resistance zone, which is acting as near-term supply. Trend & Support/Resistance Key Support: Trendline support: $92k–$93k Horizontal support: $88k–$90k Key Resistance: Immediate: $98k–$99k Major psychological level: $100k–$107k (next upside zone if breakout occurs) RSI (14) RSI is around 61–62, above the neutral 50 level. This indicates bullish momentum without being overbought yet. No clear bearish divergence at the moment; momentum remains constructive. MACD MACD lines are crossed bullish and flattening slightly. Histogram remains positive, suggesting upside momentum is still present but losing some acceleration. AO (Awesome Oscillator) AO has turned positive (green bars), supporting the bullish continuation bias. Momentum is improving compared to December. Overall Bias Short-term bias: Bullish to neutral As long as price holds above the rising trendline, buyers remain in control. A clean daily close above $99k could open the door to a $100k+ breakout. A breakdown below $92k would weaken the bullish structure and signal a deeper pullback.