Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above after 20 days below.
Crypto traders are spotting a pattern forming on Bitcoin’s price chart that may possibly lead to its price moving closer toward reclaiming its 2021 all-time highs.
In an Aug. 24 analysis video, pseudonymous crypto trader Mister Crypto pointed to the Bitcoin (BTC) price chart and explained that when Bitcoin breaks above the $64,000 level, it is “very likely” to return toward the $68,000 level, which it hasn’t reached since July 30.
Bitcoin price chart. Source: Mister Crypto