The analyst presents a bullish outlook for Bitcoin (BTCUSD), noting the current price at approximately $96,300. He refutes the idea of a bear market by highlighting that despite periods of significant market fear, Bitcoin has consistently formed higher macro lows, indicating an underlying uptrend. He identifies an ascending triangle pattern that has developed over a month and a half, with a recent breakout accompanied by substantial volume. This breakout, he argues, is a genuine bullish signal, contrasting it with previous chart patterns that lacked such volume confirmation. He projects an immediate price target of around $107,000 to $110,000, aligning with previous support/resistance levels and Fibonacci golden ratio zones. He anticipates a push through the current perceived resistance at approximately $98,000-$100,000. The analyst suggests that a breach of this resistance could trigger market euphoria, which he correlates with the formation of a relative high before any potential temporary pullbacks. Examining shorter timeframes (1-hour and 4-hour), he points to hidden bullish divergence in the Relative Strength Index (RSI), bullish stochastic indicators, and MACD oscillators positioned above the zero line, reinforcing his bullish sentiment. He highlights that a recent bearish divergence on the 4-hour chart was quickly absorbed by buying pressure, confirming the underlying strength. He expects Bitcoin to reach $100,000 within a day and the $107,000-$110,000 range by the end of January. A failure to maintain price above $94,000 would invalidate this bullish trajectory.