The price of Bitcoin has been on quite the ride lately, hasn’t it? Just recently, it blasted near the $64,000 mark, a key level that some analysts believe could trigger new all-time highs soon enough. Michaël van de Poppe, who knows a thing or two about these things, said if Bitcoin breaks through the $62,000 resistance, we could witness unprecedented highs in just a couple of weeks. That’s a pretty bullish take if you ask me, and he’s not alone in that sentiment. A lot of folks are comparing the current patterns to previous market cycles, and they think Bitcoin is entering a robust bull market phase.

Now, what’s interesting is how the price seems to be stabilizing around $63,710. This stability has given long-term holders some…