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The price of Bitcoin has been ranging around $67,000, and it surged up to about $67,243, showing strong momentum. Bitcoin has experienced trading volume of about $24.62 billion, and its market capitalization currently is about $1.32 trillion.
This has brought about lots of optimism in Bitcoin's price movement, with many crypto experts predicting a significant surge in Bitcoin price. There are lots of bullish predictions, as Bitcoin has made a strong pivotal point at $66,680.
Currently, the resistance can be seen at $69,296, and breaking this level upwards would indicate a bullish phase. Should Bitcoin break the $69,296 resistance mark, the next resistance level is at $71,090, and further at $72,809.
And exceeding these marks will strongly indicate that Bitcoin may set a new all time high. However, there's a support level at $64,662. And if Bitcoin price should drop below this support mark, then it could indicate that Bitcoin price may test lower support levels at $63,299 and further lower level at $61,517.