Bitcoin, the world's largest cryptocurrency, has made a remarkable comeback in recent days, soaring 5.2% in just 24 hours to break through the $61,000 level. This sudden surge has fueled analysts' optimism, with many now predicting a significant upswing to $100,000 or more.

The cryptocurrency's technical indicators suggest a strong upward trend, with a crucial resistance level at $64,000. If Bitcoin can maintain its momentum and clear this hurdle, it may be poised for a historic rally to new all-time highs, potentially even reaching $118,500.

The recent price action has painted a bullish picture, with Bitcoin's daily chart showing a clear breakout above the $60,000 level. The relative strength index (RSI) is also indicating a strong upward trend, with the MACD (moving average convergence divergence) signaling a bullish crossover.

Analysts are now eyeing the $67,000 level as the next major resistance point, with a weekly candlestick close above this level potentially triggering a significant rally. The $73,808 all-time high is also within sight, and a breakout above this level could lead to a parabolic move towards $100,000 or more.

The fundamentals are also supporting the bullish case, with the total cryptocurrency market capitalization breaking above the $2 trillion level. The Bitcoin dominance rate is also on the rise, indicating a growing interest in the largest cryptocurrency.

In addition, the recent surge in Bitcoin's price has been accompanied by a significant increase in trading volume, indicating a strong demand for the cryptocurrency. The open interest in Bitcoin futures is also on the rise, suggesting that traders are becoming more bullish on the cryptocurrency's prospects.

Overall, the stars are aligning for a significant Bitcoin rally, and analysts are becoming increasingly bullish on the cryptocurrency's prospects. With the technical indicators and fundamentals supporting the bullish case, it's possible that Bitcoin could reach new all-time highs in the near future.

Here are some of the key levels to watch:

- $64,000: The next major resistance level, a breakout above which could trigger a significant rally.

- $67,000: The weekly candlestick close above this level could signal a bullish continuation.

- $73,808: The all-time high, a breakout above which could lead to a parabolic move towards $100,000 or more.

- $100,000: The psychological level, a breakout above which could lead to a significant rally and new all-time highs

Only time will tell if Bitcoin can maintain its momentum and reach these levels, but one thing is certain - the cryptocurrency's recent surge has caught the attention of traders and investors around the world, and the bullish sentiment is growing by the day.