Bitcoin Traders Eye Upside Breakout After Consolidation

As Bitcoin approaches the $96,000 level, traders are anticipating a potential price surge fueled by upcoming macroeconomic data releases. The market is currently experiencing a period of calm before volatility hits with key indicators like US GDP and the PCE index expected to influence price action. Analysts believe this could lead to significant upside for Bitcoin, with some traders suggesting a break above current highs.