**Bitcoin's Impulsive Rise Sparks Debate Among Analysts**

Bitcoin (BTC) recently surged past $67,000, catching the attention of traders and analysts. Popular trader Crypto Ed noted the move seemed "impulsive," diverging from his expectation of a corrective bounce. He had anticipated a drop towards $62,000 but now sees potential for new highs, possibly around $80,000.

Meanwhile, anticipation grows for U.S. presidential candidate Donald Trump's appearance at the Bitcoin 2024 conference, with rumors suggesting he might create a BTC strategic reserve if elected.

Analyst Cole Garner remains cautious, citing a bearish order book, while Material Indicators set $63,500 as a critical support level for bulls. As always, trading involves risks, and thorough research is advised.