Bitcoin Surpasses All Cost Basis Levels, Eyes $96,700 Resistance

Bitcoin rose 4.3% over the past week, closing at $84,380 on Thursday after reaching a weekly high of $87,447. The asset has surpassed all major cost basis levels, with market analysts identifying $96,700 as the next critical test zone. This performance outperformed the USTEC index, which gained 2.8%, and the S&P 500, which rose 0.7%.