The cryptocurrency market is showing signs of recovery, with Bitcoin (BTC) leading the charge as it reaches $70,000. This surge occurs amid the U.S. presidential election polls, where former President Donald Trump is a potential frontrunner.
The on-chain analysis reveals that breaking crucial resistance levels could sustain Bitcoin's upward momentum. The current political climate seems to be influencing investor behavior positively towards Bitcoin, indicating a likely continuation of this bullish trend.
