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Buyers keep dominating sellers, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has gone up by 1.81% over the last 24 hours.

On the hourly chart, the price of BTC is near the local resistance of $92,159. If it breaks out, growth may lead to a test of the $93,000 mark shortly.

On the longer time frame, one should focus on the bar's closure in terms of the $91,909 level. If bulls can hold the gained initiative and keep the rate above that mark, the accumulated energy might be enough for a move to a potential all-time high.

From the midterm point of view, the price of BTC keeps rising after the bullish candle's closure. 

As there are no reversal signals yet, traders may expect a test of $94,000 by the end of the week.

Bitcoin is trading at $92,173 at press time.