After the U.S. Federal Reserve’s key rate reduction on Friday, Bitcoin’s growth continues. The price has approached a local peak around the $65,000 mark, where the market encountered resistance. Technically, the possibility of a downward correction from these levels has increased. An additional factor potentially provoking sell-offs may arise from the assumption that, according to some sources, quotes have risen above the average coin purchase price by short-term asset holders, which may trigger sales with the aim of locking in profits. In case of a decrease, the nearest local support might be encountered closer to the $60,500-$60,000 levels. If the growth continues and confidently consolidates above the $65,000 level, the target range could be $68,500-$70,000.