CandleFocus

Experienced Analyst Shares Predictions on What Will Happen Next in Bitcoin Price

Experienced Analyst Shares Predictions on What Will Happen Next in Bitcoin Price
According to cryptocurrency analyst Ali Martinez, the TD Sequential data on Bitcoin's hourly chart is giving a bullish signal just above the $97,000 support level. If this support holds, Bitcoin's price could bounce back. However, if there is a break below $97,000, there may be a drop to the $92,000 level. Onchain data shows an important support zone between $95,400 and $98,400, with a significant number of addresses purchasing BTC in this range. There is only a small resistance zone on the upper side between $104,700 and $105,770. This information is not investment advice.

Related News