Bitcoin is currently trading at $94,307, with a bullish trend anticipated due to a bull flag pattern on the 4-hour chart. Institutional adoption is driving confidence, as PNC Bank begins offering BTC transactions via Coinbase, marking the first direct trading by a U.S. bank. Additionally, Roxom has launched a BTC-denominated stock exchange, and the OCC has approved banks to mediate BTC and crypto transactions, potentially boosting market sentiment. Technical analysis shows a bull flag formation between $90,000 and $94,000, with a symmetrical triangle on the daily chart indicating a potential breakout. Support levels are at $88,000-$89,000, with resistance at $92,000-$94,000 and $98,000. The Crypto Fear & Greed Index is at 70, indicating strong buying interest. The Coinbase Premium Index shows a positive trend reversal, despite a $60.4 million ETF net outflow yesterday. A bullish scenario could see Bitcoin break $94,000, targeting $98,000-$100,000, driven by continued institutional inflows. Conversely, a bearish scenario might unfold if support at $89,000 fails, potentially leading to a drop to $85,000 amid increased ETF outflows.