Bitcoin climbs to the highest since early February

Bitcoin has broken out of a 60–65K base and climbed to its highest level since early February, rising more than 4% on the day. The move above last week’s high and the pattern of higher lows and higher highs signal a bullish technical bias, with limited resistance until around $90,000 (roughly a 13% extension). The article frames BTC as a risk-on, momentum-driven catch-up trade if broader risk assets (notably the Nasdaq) hold, though the Bitcoin–Nasdaq correlation remains fractured. Geopolitical developments around Iran are cited as both a catalyst for crypto use-case talk and a principal downside risk if hostilities resume or escalate into attacks on regional energy infrastructure.