..//As I emphasized during the past months, losing the $59,500 level for Bitcoin would mean an inevitable decline to the $52,000 levels and then the $48,000 levels, and this is what is happening now...
..//Bitcoin will remain in danger as long as we do not recover the $59,500 level...
..//Bitcoin must recover the $59,500 level as soon as possible, even through two daily candles, meaning 48 hours. This is difficult, but not impossible...
..//We could see a relative rebound from the current levels up to $56,500, after which we will return to a strong decline towards the levels of $52,000 and then $48,000...
..//The percentage of Bitcoin’s decline in relation to the highest historical peak has now 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...
..//If we are able to recover the $59,500 level within the next 48 hours at the latest, know that the next peak will definitely be at the $87,000 levels, but now we are waiting for the strong alternative currencies such as (BNB, TRX, and others) to rise at excellent rates and the opportunity is now available to buy. Therefore, whoever is interested should buy now, but through DCA and not all at once...
..//The article is not investment advice..
..//good luck for everbody..
