Bitcoin has reached a new record high of $97,000, continuing its strong upward trajectory. Currently trading just above this mark, Bitcoin recently broke through the $96,000 threshold and shows promising signs on both daily and weekly charts. While some price pullbacks are anticipated, the overall trend remains firmly bullish. 📈 Analysts are now closely watching for upcoming major price levels as this rally could fuel further growth across the crypto market. Looking towards Q2 of 2025, Bitcoin exhibits strong bullish indicators, having cleared its 200-day moving average and establishing solid support. Key support levels at $95,797 and $96,441 are also being closely monitored as part of a broader bullish structure. A sustained decline below $95,280 could signal early signs of a larger correction but, as of now, Bitcoin remains firmly above this threshold. 🛡️ If buying pressure resumes, short-term targets to the upside include $97,325, $98,745 and the psychological milestone of $100,000. These levels represent potential resistance points based on recent price dynamics. 📈 The broader trend remains constructive as bulls strive for a continuation of the uptrend toward the $115,000–$120,000 range later this cycle. Provided current support zones hold strong. 💪 The positive momentum from Bitcoin could also drive other cryptocurrencies like Ethereum, XRP, and Solana higher, mirroring the trend seen in past bull markets, where cryptocurrencies often follow Bitcoin’s lead.