[Analysis: Bitcoin's Resilience Remains, Expectations Rise for a Return to the $70,000-$80,000 Range] Matrixport published an analysis today stating that Bitcoin has largely maintained a sideways consolidation since early February. Despite escalating geopolitical tensions, weak U.S. employment data, and a general pullback in global stock markets (with the South Korean stock market experiencing a sharp decline at one point), Bitcoin has demonstrated strong resilience. Even with a significant surge in oil prices over the weekend, Bitcoin only retraced to the support level near $66,000, which has continued to hold. The institution also mentioned in previous daily reports that the likelihood of Bitcoin regaining strength and returning to the $70,000-$80,000 range is increasing. As the market gradually digests the impact of the Iran conflict, Bitcoin is expected to move past the disturbances caused by geopolitical factors and recover to a higher trading range.