According to WallStreetBulls, Bitcoin experienced a significant price breakout on May 8, 2025, as reported via their official Twitter handle. The sharp upward movement led to immediate liquidity spikes across major exchanges, confirming a bullish momentum shift (source: WallStreetBulls Twitter, 2025-05-08). Traders are now eyeing resistance levels near $70,000 and support around $66,500 for short-term strategies. This move is attracting renewed interest from both retail and institutional investors, signaling heightened volatility and potential for further gains in the broader crypto market.