[Analyst: Bitcoin May Rise to $68,000 if It Breaks Through the Key Resistance Level of $64,700] BlockBeats News, July 12 – Crypto analyst Ali Charts stated in a post that Bitcoin currently needs to focus on the $64,700 level, which serves as a critical turning point for Bitcoin's next major move. If Bitcoin fails to break through the channel top at $64,700, it could trigger a deeper pullback. If sellers hold this level, Bitcoin may fall back to the mid-channel support level of $63,000 and could potentially test the channel bottom around $61,500. However, Ali Charts noted that if Bitcoin can achieve an hourly close above $64,700, the bearish outlook will be invalidated. After breaking through this resistance level, Bitcoin may further test $66,400, with a second target at $68,000. [Original Link]