Bitcoin is experiencing significant price movements, testing levels around $64,000 and aiming for higher targets such as $69,000 and $70,000. Analysts note that breaking above the crucial $65,200 resistance could confirm a trend reversal. Meanwhile, Binance CEO Changpeng Zhao, also known as CZ, is set to be released from prison on Sunday after serving a four-month sentence. In related developments, BNY Mellon has become the first U.S. bank with SEC-approved Bitcoin custody, challenging Coinbase's monopoly in this area and rolling out services for spot ETF funds. BlackRock's involvement further complicates the landscape. This move could have significant implications for the Bitcoin market. Bitcoin has surged to its highest price since July.