Bitcoin has broken through the significant $65,000 price level, displaying strong bullish momentum. This development suggests that a new bull market could be underway.
Last week, Bitcoin dropped to a low of $59,800 but has since rebounded, gaining traction and climbing steadily higher. Traders are keeping a keen eye on the $65,000 mark.
Many consider this a critical threshold that could dictate the future direction of Bitcoin's price movements, raising optimism among investors.
