Bitcoin climbed to approximately $64,400 on Thursday, extending a recovery that began earlier in the week.
The digital asset gained ground even as the US Federal Reserve maintained its benchmark interest rate and delivered a policy statement that markets interpreted as more hawkish than anticipated.
Analysts note that Bitcoin is now testing critical technical levels, with support established around $63,000 and resistance forming near the current highs.
Investors appear to be weighing the central bank's cautious stance against softer-than-expected US labor market data released recently, which has bolstered sentiment for risk assets.
The rally comes despite headwinds from a strengthening US dollar and persistent geopolitical tensions involving Iran and North Korea, which have weighed on broader market sentiment.
Analysts note that Bitcoin is now testing critical technical levels, with support established around $63,000 and resistance forming near the current highs.
A break above this resistance could signal further upside, while a failure to hold support may trigger a pullback.