According to CoinMeta, the current price of Bitcoin has risen by $2,300, an increase of 3.0%, to $79,765. The intraday high reached $79,989, approaching the natural resistance level of $80,000. Since hitting a bottom of $57,735 at the end of June, Bitcoin has risen by more than 36%. Technically, the recent rise follows a period of consolidation, with buyers gradually gaining the upper hand in control. The current price has broken through the 100-day moving average ($66,113) and the 200-day moving average ($69,092), opening up space for further gains. If it breaks through the key resistance level of $80,560, it will provide even more confidence for subsequent increases.