ChainCatcher news, FxPro senior market analyst Alex Kuptsikevich said in a report that the increase in market risk appetite after the Fed's decision helped cryptocurrencies hit new highs in the past three weeks.
"The downward trend since March has been in place, and the previous peak of about $64,000 roughly coincides with the 200-day moving average. We believe that Bitcoin may encounter strong resistance at this level, and once it breaks through this point, the upward path will be opened." Kuptsikevich said.