After months of fluctuations, bitcoin has finally surged past $65,000, reigniting optimism among investors. Since its fall in July 2024, the world’s largest cryptocurrency has struggled to reclaim this level. Its recent movement led to millions in liquidations, but investor sentiment remains bullish, with 93% now in profit. Despite the excitement, there are concerns about whether this is the beginning of a sustained rally or a temporary spike. Bitcoin’s price movement and technical analysis Bitcoin is currently trading at $67,126, solidifying its support at the upper boundary of a parallel cha…