<ul><li>Bitcoin has recovered from its weekly low and is aiming for $95,000, but it faces a crucial resistance.</li><li>Binance traders have shown a spike in buying pressure for bitcoin, indicating potential bullish activity.</li><li>Futures traders on the largest exchange have mostly opened short positions, but historical data suggests bitcoin tends to defy expectations.</li><li>Bitcoin has sliced through the 50-day Simple Moving Average (SMA), with the next major obstacle being the 200-day SMA and a potential surge towards $94,000.</li></ul>

3 Bullish Signs for Bitcoin as BTC Hits $85K, Says Analyst

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