Bitcoin Price Reclaims $100,000 Amid Upward Momentum

Bitcoin Price Update

Bitcoin has initiated an upward move, surpassing the $100,000 level.
Current trading is above $99,500 and the 100-hourly Simple Moving Average.
A break occurred above a bearish trend line at $96,000 on the BTC/USD hourly chart.
Price recovery followed a drop below $91,000, hitting a low of $90,944.
Immediate resistance is near $102,000; key resistance at $103,200 could lead to further increases.
If Bitcoin closes above $103,200, potential gains could target $105,000 and $107,000.
Support levels are identified at $100,500 and $100,000, with lower support at $98,000.
MACD indicates bullish momentum; RSI is above 50.