Analysis: If BTC continues to hold above $94,700, it is expected to rebound to $97,500.

On December 31st, analyst ALI pointed out that the TD Sequential indicator shows a buy signal on the 12-hour chart of Bitcoin. If Bitcoin can continue to stay above $94,700, it could Rebound to $97,500. However, if it falls below the support level of $92,500, the bullish signal will be invalidated.

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