..//Always the same analysis as before, and Bitcoin broke upwards in the giant bullish flag pattern, and as I said before, it is a bullish pattern par excellence, and the complete technical target for this pattern will be the $87,000 level, after which we can see the $90,000 levels, but recent events have had a relative impact on the continuation of the strong rise. However, we were able to achieve a significant increase...
..//The most important levels to monitor are the $62,718 level, then we have the $59,500 level, and any new loss to the $59,500 level means that the decline will continue until $52,000 and then the $48,000 level, and the 48,000 level means a 35% decline in relation to the highest historical peak. For Bitcoin, this percentage is healthy, safe, and very appropriate for Bitcoin until we see new historical peaks above the $100,000 levels, and any decline of more than 30 or 35% means that Bitcoin is at risk of collapsing to the $30,000 levels...
..//Bitcoin is still bullish and the next rising levels are $71,000, reaching the $74,000 levels, and this will happen within a few days, and as I said before (which actually happened), there is a possibility that Bitcoin will continue for some time in sideways movement until alternative currencies catch up with it, led by it. Ethereum…
..//This article is not financial or investment advice..
..//Even if there is a strong decline, we must not lose the $59,500 level for more than 24 hours because it is an important key level for the upward movement, and losing it again will cause a drop to $52,000 and then $48,000..
..//The break of any level must be certain and not just an imaginary move..
..//The upward movement will continue as long as Bitcoin is above the level of $65,000, taking into account the current global events and their developments, especially the repercussions taking place in Iran and do not forget also Slovakia and Ukraine in addition to China and Taiwan...
..//For those interested in keeping their currencies in the long term, there are the following possibilities:
As for Bitcoin on the weekly basis, we have the handle and cup pattern, which is a distinctly bullish pattern, and the full technical target for this pattern is +$132,000 during the year 2025, with the possibility of reaching levels of +150,000 by the end of the year 2025...
As for Ethereum on the weekly basis, we notice the same handle and cup pattern, and the full technical target for this pattern is $7,119 during the year 2025, with great potential to achieve levels of more than $9,000 by the end of next year...
As for the BNB currency, we also notice the same pattern for the handle and cup, and the full technical target for this pattern is the level of $1107 during the year 2025, with the possibility of reaching levels of more than $1800 by the end of next year 2025...
As for Dogecoin, we notice the same pattern for the handle and cup, and the full technical target will be $1.1 during the year 2025, but as for Dogecoin, I expect that it will exceed $3 levels by the end of 2025...
..//The patterns that I mentioned have not been completed yet and will take at least a few weeks from now until they are completed. This indicates the possibility of canceling them if Bitcoin is unable to maintain the level of $59,500, and any decline of Bitcoin below this level means that all the patterns mentioned in this article will be... Completely cancelled...
..// good luck for everbody
