Bitcoin Price Historical Data Suggests Barriers For Further Surge

Bitcoin prices have surged to the $60K mark today, indicating that the current bullish run is uplifting prices. The current upward surge in prices has taken place due to strong inflows of funds for Bitcoin ETFs. However historical data currently points out that there have only been a very few instances where Bitcoin has surpassed the $61K value. With less data to back further surge, the market is now questioning if the prices will fall or will the current bull run continue.