The analysis provides a daily morning update on Bitcoin, highlighting a recent breakout and upward movement. The primary price target for Bitcoin is identified within the 99,000 to 101,000 range, supported by the yearly rolling VWAP, the previous quarter's VWAP, and a 4-hour liquidity gap. This target is considered realistic for the medium term. While Bitcoin's direct fundamentals are not deemed exceptionally strong, the current Coinbase Bitcoin Premium Index shows a discount, albeit smaller than before the breakout. However, very low funding rates indicate the market is not overleveraged. Crucially, the general financial markets exhibit bullish signs: the Russell 2000 is achieving new all-time highs, the Volatility Index (VIX) is dropping, and gold is locally topping, suggesting a shift towards risk-on sentiment. Oil prices have also dropped, further supporting a bullish outlook for financial markets. The critical support level for Bitcoin is identified at 95,600. The analysis suggests that a brief dip, potentially to 94,500, could occur. As long as Bitcoin maintains above 94,500 and is able to quickly reclaim 95,600 after any brief drops, the overall bullish trajectory towards the 99,000-101,000 target is expected to continue. A sustained break below 94,500 would invalidate this bullish structural outlook.