Bitcoin's price requires maintaining above $95,000 for a chance to retest its all-time high of $109,000, according to crypto analysts. If it fails to hold this level, it could enter a deeper correction. Currently, it is trading at $96,730, showing a 3.03% increase in the past 24 hours. Analysts highlight the importance of the $95,000 mark as a critical pivot point, indicating a potential bullish shift if upheld. The upcoming Federal Reserve interest rate decision may also impact Bitcoin's price movements. Over the past week, Bitcoin's price has risen by 2%, showcasing resilient market sentiment, although historical performance in June has been slightly negative. With $400 million in short positions at risk of liquidation if Bitcoin hits $98,000, the next few days are crucial for determining whether the asset will breakout or face a retest to lower support zones.

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