• Market sentiment around BTC turned bullish. 
• The selling pressure on the coin was relatively low. 

Bitcoin [BTC] continued to trade above the $70k mark, and things might soon get better for investors. The latest analysis suggested that BTC went up a resistance level, which allowed it to reach an all-time high.

Does this guarantee yet another bull rally for BTC?

Bitcoin is holding its ground 

According to CoinMarketCap, the king of cryptos was up by more than 12% in the last seven days. Thanks to the recent uptrend, BTC’s social volume spiked in the last few days.