Bitcoin Price Edges Higher But Remains Stuck In a Tight Zone

The current Bitcoin price trend suggests a potential move towards the $98,000 resistance level. However, if the price fails to break above the $97,000 resistance, a fresh decline could occur, with support levels at $96,100, $96,000, and $95,500. Technical indicators like the MACD and RSI are showing bullish signs, indicating a possible continuation of the current recovery wave.