Bitcoin has surged to near $98,000, reaching two-month highs, supported by bullish signals from RSI and MACD indicators. Technical analysis shows a unique hidden bullish divergence and an emerging uptrend, although $101,000 remains a critical resistance at the 50-week SMA. Market watchers highlight a possible unprecedented scenario where Bitcoin may reclaim this moving average in a bear year, making the upcoming retest vital for future price direction.

#BTC