BTC has gained almost 5% in the past 12 hours, reaching $62,000 for the first time in over three weeks.Analysts are eyeing a potential breakout to the next resistance area at $63,500 to $64,000.Reflexivity Research co-founder believes BTC could target $65,000 as a 'higher high.'Total market capitalization has increased by $100 billion since the Fed rate cut decision, reaching $2.24 trillion.