Bitcoin Surges Past $75,000 as Crypto Market Sentiment Shifts
Bitcoin has surpassed $75,000, marking a significant rebound since its dip below $60,000 in late May. The cryptocurrency's price surge accelerated this week, with a gain of around 20% over four days.
The recent rally has taken Bitcoin above the levels of Ethereum (ETH) and Solana (SOL) over the past 24 hours.
Popular trader DonAlt believes that Bitcoin's reaction to major support indicates a potential bottom for this cycle. He notes that $82,000 is the first resistance level and $95,000 is the first 'actually good resistance' for Bitcoin.