China joins global monetary easing campaign.
Bitcoin aims to break $65,000 for first time since early August.
Analysts believe a break above $65,000 would confirm bullish trend.
In the US, Bitcoin has risen nearly 2% in the last 24 hours to $64,300.
A drop in US consumer confidence has caused a brief price drop.
Expectations for a US Federal Reserve rate cut in November have increased to 61%.
The growth of the US money supply and China's easing policy have supported Bitcoin's growth.