Bitcoin (BTCUSD) is currently positioned around $95,100, indicating a potential breakout from a consolidation phase. The 98K level is recognized as a critical resistance, with a break above this point expected to propel the price beyond 100K. Fibonacci extensions identify a long-term target between $142,000 and $167,000, with an intermediate resistance at the Golden Ratio, ranging from $106,000 to $110,000. The analysis anticipates BTCUSD reaching 106K or higher by the end of January and the ultimate target by the end of March. Short-term indicators reinforce this bullish outlook. The 1-hour Relative Strength Index (RSI) is neutral after breaking a preceding downtrend, signaling a momentum shift. The 4-hour RSI maintains a bullish stance, consistently trading above the 50-level. Stochastic oscillators on both 4-hour and daily charts demonstrate bullish momentum, suggesting an imminent upward price movement. The Moving Average Convergence Divergence (MACD) on the 4-hour chart is also bullish, with oscillators positioned above the zero line and declining bearish momentum. Any short-term price retraction below $94,000, particularly towards $93,000, is considered a buying opportunity rather than an invalidation, based on historical price behavior. The overall market sentiment is projected as strongly bullish for Bitcoin's near-term and medium-term performance.