Bitcoin's recent surge above $60,000 has sparked renewed optimism in the crypto market. Key support levels have been broken, indicating a potential shift in sentiment towards a more bullish outlook. As the global economy recovers from the pandemic, the case for alternative stores of value like Bitcoin grows stronger.

Financial analyst and festival-goer. I balance budgets and beats.

This break above $60,000 could be the catalyst for a new wave of institutional investment, further solidifying Bitcoin's position as a store of value.