$BTC price surged to $64,000 as optimism over a potential rate cut by the Federal Reserve continued to buoy market sentiment. Investors are becoming increasingly confident that the central bank may ease monetary policy in response to inflation pressures, giving $BTC a boost. Analysts suggest that continued bullish momentum could drive Bitcoin to test higher resistance levels in the near term, with some even predicting it may breach $70,000 in the coming months if macroeconomic conditions remain favorable.

While market sentiment remains positive, traders are advised to stay cautious, as unexpected shifts in the global financial landscape or regulatory changes could introduce volatility. Despite these risks, Bitcoin’s position as a hedge against inflation and store of value continues to attract interest.