Bitcoin Reclaims $65,000 Mark Amid Geopolitical Uncertainty

The recent price surge of Bitcoin has been a topic of interest among cryptocurrency enthusiasts and investors. According to financial analyst @KobeissiLetter, the reclamation of $65,000 by Bitcoin comes at a pivotal time, directly correlating with escalating geopolitical events.

Since the strikes began, Bitcoin experienced significant downturns, dropping to lower support levels as risk-averse investors pulled back. However, this recent rally signals a robust reversal, accompanied by increased trading volumes and heightened institutional interest.

From a trading perspective, this Bitcoin surge opens up multiple opportunities across key pairs like BTC/USD and BTC/ETH. Support levels around $60,000 held firm during the dip, providing a solid foundation for the rebound. Resistance is now eyed at $68,000, with a breakthrough possibly triggering a move toward $70,000.