Bitcoin Price On The Rise: Is The $70K Mark Within Reach?

Bitcoin price gained over 15% and broke the $65,000 resistance level. BTC is still showing positive signs and might attempt to move above the $66,000 level.Bitcoin extended its increase above the $65,000 resistance zone.
The price is trading above $64,500 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support at $63,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move up if it breaks the $66,000 resistance.