BTC price surpassed an important resistance level early Monday morning, setting the stage for a rally above the $70,000 mark. This price recovery follows a successful three-day conference in Nashville, where key political figures delivered bullish keynote speeches. Their positivity had a significant impact on Bitcoin and the broader crypto industry.
Market sentiment has turned decidedly bullish as a result of this conference, contributing to the rise in BTC price. The event has been noted as a crucial moment for the cryptocurrency's recent performance.