Cryptocurrency analyst Ali Martinez analyzed the current Bitcoin (BTC) market trend and shared his insights via Twitter. According to Martinez, a significant support zone has been established between $95,400 and $98,400, as 1.77 million BTC wallet addresses purchased 1.53 million BTC within this range. Furthermore, the analyst highlights that there is no significant resistance ahead, except for a sell wall of 107,000 BTC between $104,700 and $105,770. Notably, Bitcoin's all-time high, as recorded on Binance, stands at $108,353. Based on this analysis, it is possible that Bitcoin may encounter some resistance at the $104,700-$105,770 level before potentially reaching a new all-time high. However, the strong support zone between $95,400-$98,400 suggests that any potential pullback may be limited. Traders and investors should continue to monitor the market closely and make informed decisions based on their own risk tolerance and analysis.

#BTC