Bitcoin (BTC) has seen a significant resurgence, recently trading above $95,000, with some traders noting a price of $96,999. Analysts are optimistic about the cryptocurrency's trajectory, with one prominent figure setting a bullish price target of $280,000 for the ongoing bull market. Additionally, a bull flag pattern suggests a potential target of $120,000. The current market dynamics have led to a notable increase in altcoin activity, with many altcoins also experiencing upward momentum. The sentiment among traders remains positive, as they anticipate further gains in the cryptocurrency market.