On Friday, US buyers drove Bitcoin prices higher, with the Coinbase Premium Gap turning positive for the first time since Christmas, pushing Bitcoin price close to $94,000. Analysts pointed out that buying from US buyers usually indicates a local top has formed rather than a breakout, meaning whether this rally can continue depends on holding the support level above $94,000, with a target price of $95,800; if it falls below $91,000, it may retreat to around $89,400.
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On Friday, US buyers drove Bitcoin prices higher, with the Coinbase Premium Gap turning positive for the first time since Christmas, pushing Bitcoin price close to $94,000. Analysts pointed out that buying from US buyers usually indicates a local top has formed rather than a breakout, meaning whether this rally can continue depends on holding the support level above $94,000, with a target price of $95,800; if it falls below $91,000, it may retreat to around $89,400.