According to Dan Held, Bitcoin has broken through its previous all-time highs, signaling a significant bullish momentum in the cryptocurrency market (Source: Dan Held on Twitter, May 21, 2025). This breakout is likely to attract increased trading volume and could trigger further upward price action as traders respond to renewed market confidence. Key support and resistance levels should be monitored closely, as historical data shows heightened volatility around major price milestones. Crypto traders are advised to review stop-loss and profit-taking strategies to manage risk effectively during this period of rapid market movement.

According to Crypto Rover, the most important support and resistance levels for Bitcoin in 2025 are currently highlighted between $58,000 and $62,000 as key support, with $68,000 and $72,000 acting as major resistance zones (source: Crypto Rover on Twitter, May 21, 2025). These technical levels are critical for traders to monitor, as price reactions around these zones could define short-term momentum and trigger high-volume trading activity. Monitoring breakouts or breakdowns at these levels can help inform entry and exit strategies for both spot and derivatives traders in the crypto market.