The analysis focuses on Bitcoin's price action within a daily timeframe, specifically addressing its movement towards a resistance area. The market has been observed advancing, having recently reached the 50% Fibonacci retracement level. This upward trajectory was largely anticipated, especially considering previous market reactions at the 38.2% retracement level during an initial A-wave. Following this, a higher low was established, and the price subsequently pushed above preceding highs, which is interpreted as forming an ABC corrective structure. Within this pattern, the C-wave, identified as part of a larger Wave 4, was projected to reach an ideal target range of 97,000 to 98,400. The market has successfully entered this target zone. While acknowledging the price has reached this significant resistance, the analysis suggests that an immediate bearish reversal is not definitively indicated at this juncture.