The price of Bitcoin (BTC) could reach new highs if it maintains above this resistance level

- The price of Bitcoin rose to a high of $73,600 on October 29, just shy of the historical peak of $150, before slightly dropping to $72,200 (according to data from CoinGecko).

- Many industry experts predict that BTC could reach new highs. Michael van de Poppe believes that BTC will continue to rise if it stays above the important resistance level of $70,000.

- Investor Fred Krueger predicts that BTC could soar to $300,000 next year, thanks to the long-term upward trend.

- BTC could experience significant volatility next week due to the U.S. presidential election on November 5. Donald Trump and Kamala Harris have different cryptocurrency policies, which could impact the market.