Impressive gains since the U.S. Federal Reserve's mid-September rate cut and subsequent China stimulus plans have pushed bitcoin (BTC) out of its downtrend, according to a new research report.

"FOMO is Back: Are You Holding Enough Bitcoin and Altcoins to Ride the New Wave," is the title of 10X Research's Markus Thielen's latest analysis. "With bitcoin breaking above $65,000, we anticipate a swift move toward $70,000, followed by new all-time highs in the near term.

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