Bitcoin's strength is back Recently Bitcoin has shown remarkable strength emerging from a protracted period of consolidation and approaching the psychological $80,000 mark. Given that Bitcoin's bullish momentum is still going strong, investors are paying close attention to this price action. Given the substantial volume bolstering the current trend, Bitcoin appears poised to sustain its upward trajectory. By examining the chart, it can be seen that Bitcoin has overcome earlier resistance levels at about $70,000, paving the way for a possible move toward $80,000. Since Bitcoin recently broke out, it has once again entered uncharted territory, and there are currently no significant resistance levels until that target. Key support levels to keep an eye on though are close to $70,000 and $66,000, which were previously resistance but could now provide strong support if Bitcoin experiences a decline.$BTC
