Since the beginning of the month, the BTC/USD pair has been trying to form a correction relative to the long-term downward trend. However, last week, the price movement was mixed as investors exercised caution ahead of the US Fed meeting and the publication of earnings reports from major American technology companies. Today, the price rose to 65625.00 (Murrey [5/8]) amid signs of easing tensions in the Middle East and growing interest in risky assets.