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Bitcoin price surged above the $94,000 level this afternoon, breaking through a key resistance zone and signaling renewed bullish momentum after weeks of range-bound trading.
At the time of writing, the bitcoin price is trading at $94,435, up roughly 3% over the past 24 hours, according to market data.
The move marks a decisive reclaim of the upper end of January’s consolidation range, with the bitcoin price now sitting effectively flat relative to its seven-day high of $94,040 and roughly 4% above its seven-day low of $90,897.
Trading volume over the past 24 hours totaled approximately $52 billion, reflecting heightened market participation as price pushed…
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