Bitcoin Price Today: BTC Pulls Back From $81,300, What’s Next?

Bitcoin pierced the $80,000 mark overnight, reaching as high as $81,300 before pulling back to roughly $79,000, according to chart analysis from Verified Investing chief market strategist Gareth Soloway. The pullback has raised a question for traders: does this rally confirm a new bull market, or is Bitcoin simply testing resistance in an ongoing bear market?