After breaking through the $60,000 mark, the cryptocurrency is steadily moving upward, reaching a local maximum of $64,955. Despite a small correction, the current price of $64,128 indicates that the bullish sentiment in the market is still intact.

Key growth factors:
Dollar Index Fall: One of the most significant factors contributing to Bitcoin's growth was the weakening of the US dollar. Experts predict a further decline in the dollar index below 100, which will create favorable conditions for the growth of not only Bitcoin, but the entire cryptocurrency market.

Return to Historical Range: Bitcoin has returned to the range it has been in since late February. A break above $64,300-$64,500 raises the possibility of a move to the upper end of the range in the $70,000-$72,000 region.

Political factors: Robert Kennedy Jr.'s withdrawal from the presidential race in favor of Donald Trump increases the latter's chances of winning. Trump's victory is associated with the growth of the cryptocurrency market, but let's not forget that this is an election, and they promise a lot.

Altcoins are still lagging behind:
Despite Bitcoin's growth, altcoins are showing weaker dynamics. Ethereum, the largest altcoin, has failed to overcome the $2,800 mark. However, experts expect that altcoins will start to grow massively after Ethereum consolidates above $3,000.

Risks and potential obstacles:
Stock Market Crash: Geopolitical events, negative company reports, or other factors could trigger a decline in the stock market, which in turn could have a negative impact on the cryptocurrency market.

Government Selling: Large amounts of Bitcoin sold by governments could put pressure on the market and drive the price down.

Greed is High: The crypto market greed index is at its highest since August 2. Further gains could push the index to extreme levels, which often signals a correction is coming.

Conclusion:
The cryptocurrency market is currently bullish. However, investors should be aware of the risks involved and not forget about the need to diversify their portfolio.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. It is recommended to consult a financial professional before making any investment decisions.