Bitcoin (BTC) has successfully reclaimed the $70,000 mark, reflecting a renewed risk appetite among investors as geopolitical tensions ease. Following a ceasefire agreement between the US and Iran, broader equity markets have responded positively, contributing to a favorable environment for digital assets. The latest Bitcoin prediction score has shifted to a moderately bullish +4, indicating that while short-term recovery is evident, long-term trends are still uncertain. Technical analysis shows that BTC surged from a 'discount' zone to a resistance ceiling within just eight days, driven by aggressive buying interest. However, the weekly outlook remains cautious, with Bitcoin still below key resistance levels around $78,708 and $79,103. The daily chart suggests that while buyers have regained some control, the market is not yet in a fully bullish state. Key price levels to watch include the bullish hold zone between $71,250 and $71,750, with significant support at $70,640. A failure to maintain these levels could signal a return to bearish sentiment. Overall, while the daily indicators are promising, the weekly structure requires further validation for a sustained upward movement.