Bitcoin has surged past the $65,000 mark, reaching a high of $65,687 ahead of a significant $5.8 billion options expiry. This level has been a key resistance point for months. The market is bracing for high volatility, with some analysts predicting a potential rally if Bitcoin maintains this level. Markus Thielen of 10X Research forecasts that Bitcoin could reach $70,000, driven by increased liquidity, new stimulus measures from China, and a notable surge in stablecoin minting, particularly USDC inflows. Additionally, $7.7 billion worth of Bitcoin and Ethereum options are set to expire, adding to the market's volatility. The Federal Reserve and China have both introduced stimulus measures, further fueling optimism for Bitcoin's continued rise.