๐ Bitcoinโs Critical Levels Revealed by Analyst Ali Martinez
Cryptocurrency expert Ali Martinez shared his insights on Bitcoin's current trajectory in his latest analysis.
โ ๏ธ According to Martinez, Bitcoinโs price must hold above $92,730. If it dips below this level, BTC could enter a free fall.
โ On the flip side, the bearish outlook could be invalidated if Bitcoin achieves consistent closes above $97,300, and more importantly, a daily close above $100,000.
๐ At the time of writing, BTC is trading at $94,379, but Martinez remains optimistic. He emphasized that a 20%-30% correction could actually be one of the most bullish scenarios for Bitcoin.
๐ Martinez also weighed in on altcoins, highlighting Chainlink (LINK). He believes that if the Head and Shoulders pattern plays out, LINKโs price could drop to $14. As of now, LINK is trading at $21.92.
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