#CryptoComeback Return of cryptocurrencies: Bitcoin surges with positive trend towards key levels
The price of Bitcoin started a new rise from the support of $78,000. BTC must surpass $95,000 to continue rising in the short term.
The price surged over 10% and exceeded the level of $90,000. It tested the resistance of $95,000. A high was formed at $95,000 and the price is now consolidating gains. It is trading near the 23.6% Fibonacci retracement level of the upward movement from the low of $84,500 to the high of $95,000.