..//Hello, regarding yesterday’s article, we said that its technical target would be the $60,000 level, and just as the previous rise in the last pattern was with an increase of $2000, the pattern after it would also be with a decrease of $2000, meaning that the overall bearish target would lead us to the $58,000 levels. ..; Approximately 80% of this scenario occurred, with a drop to the $60,500 levels. I congratulate the friends who entered into a sell deal yesterday since we were at the $66,000 levels...
..//But unfortunately today we also have a bearish pattern on the daily term, which is the head and shoulders pattern, and it has not yet been completed, and the complete technical bearish target for this pattern, if completed, is approximately the $52,000 levels, but this remains only a possibility, because the possibility of a rebound from the levels $58,000 is very likely and is the closest possibility...
../The most important level that Bitcoin should not lose for more than 24 hours is the $59,500 level, and losing this level means falling to the $52,000 levels and then $48,000..
../Bitcoin will not be strongly bullish as long as it does not regain the $65,000 level, and the sideways movement will be between $65,000 and $59,500. This is for those interested in quick speculation...
../If the head and shoulders pattern is broken in a reverse manner (upward), the technical target will be approximately within three or four weeks at the $75,000 level...
..//The pattern has not yet been completed as shown in the image, and this means that we could see another daily candle that will lead us to the $64,000 levels within two or three days and then go down again to the $58,000 levels, and if there is no bounce from there, In a large percentage, we will see levels of $53,000 at the very least...
../You must make sure that the pattern break is real and not just an imaginary movement..
../The article is not investment advice..
../good luck for everbody.
