Bitcoin Back Above $70,000. Here Are Key Levels to Watch Now
Bitcoin recently reminded the market of its signature volatility, staging a dramatic recovery after a turbulent week. After plunging to a low of $60,033—a level not seen since late 2024 and roughly 52% below its $126,000 peak—the "orange coin" clawed its way back over the psychological $70,000 mark.
By Monday morning, the atmosphere had shifted from panic to "cautious optimism" as BTC hovered around $70,700. While the 18% bounce from the lows is impressive, the market remains on edge, weighing whether this is a genuine trend reversal