Bitcoin has finally surpassed the $70,000 level for the first time since June, signaling potentially more gains to come. Technical indicators suggest that this could be the start of a prolonged rally. The cryptocurrency's recent surge has boosted trader and investor confidence, outperforming other top crypto assets and benefiting from institutional adoption, including the introduction of exchange-traded funds. However, caution is advised as the asset has entered overbought territory and further confirmation is needed to determine the sustainability of the bull run. Traders should watch for resistance at $72,625.90 and support at $69,307.20 before Bitcoin can reach its all-time high.



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