<ul><li>Bitcoin (BTC) has experienced a surge of over 6% and reclaimed the $66,000 level for the second time since July 2024.</li><li>The potential reason for this surge is the upcoming presidential election in the United States, as Bitcoin's current price action is similar to previous election periods.</li><li>Bitcoin is currently facing a strong resistance level at $66,200, but if it breaches this level and closes above $68,000, it could reach its all-time high.</li><li>On-chain metrics and technical analysis suggest a positive outlook for Bitcoin, with a high Long/Short ratio and increased open interest indicating strong bullish sentiment.</li></ul>

Why Crypto Market is up Today? Bitcoin Price Hut $65K

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