$BTC's breakout above 92,000 has launched a strong bullish impulse, peaking at 94,500. The ongoing pullback is a standard retracement within the new uptrend. After being held down in a range, the surge shows high momentum on significant volume.

With a solid 4-hour close above 93,520, the path of least resistance is clearly up. The bullish bias holds firm, targeting 98,000 as the next major objective.

$BTC

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