Bitcoin has recently broken above $94K, reaching this level for the first time since November of last year. This marks the fifth consecutive daily higher high. Analysts are observing a shift in market sentiment, with a notable flip in the behavior of calls and puts on January 1st. Despite the current bullish momentum, there are predictions for Bitcoin to reach $250,000 in 2026. The analysis suggests a bullish outlook for Bitcoin, with a target of $250,000. The invalidation level for this bullish trend is set at $70,000.