Golden Finance reported that the latest report from Bitfinex Alpha stated that Bitcoin is unstoppable. Despite a brief pullback in the middle of this week and some strong resistance, it still broke the $70,000 mark on Bitfinex today (July 29). Bitcoin has rebounded more than 30% since the low on July 5, which was previously predicted to be a local bottom. This upward momentum coincides with the 2024 Bitcoin Nashville Conference. Implied volatility in the Bitcoin options market also initially soared, but later fell back as traders reduced risks. With a large number of options expiring on Friday, August 2, some calm returns to the market may indicate that prices will enter a period of consolidation or a small correction.