..//So, during the past days, Bitcoin broke the bullish flag pattern, for which the full technical target was the $68,000 level, but we were unable to achieve it and we only reached approximately the $65,000 level...
..//I previously said that maintaining the $59,500 level as a support line will lead us in the coming weeks to the $87,000 levels...
..//But on the other hand, Bitcoin will not be strongly bullish unless we break through the $65,000 levels...
..//After this important rise for Bitcoin, Ethereum can take over market leadership for a short period with the possibility of another relative rise for alternative currencies, and this is with the continuation of the horizontal horizontal movement of Bitcoin between the levels of $59,500 and $65,000...
..//Breaking the $65,000 level will lead us to the $68,000 levels, which is the complete technical target of the bullish flag pattern that lasted for more than 36 days...
..//The percentage of Bitcoin’s decline in relation to the highest historical peak has currently reached 27.5%, and we know that the correct percentage of decline and correction is in the range of 30% or 35%, which corresponds, respectively, to the levels of $52,000 and $48,000, and so on. We can see levels of $30,000, which means the collapse of Bitcoin...
..//The article is not investment advice..
..//good luck for everbody..
