The crypto market has experienced a significant decline, with Bitcoin revisiting the $69,300 level. The bearish correction began with a double-top pattern near $72,700, and Bitcoin is currently testing a crucial support trendline on the 4-hour chart. Analyst Ali Martinez predicts a potential pullback to $69,000 before a bullish trend towards $78,000. The trend-based Fibonacci levels suggest a potential all-time high near $75,620 and an extended rally towards $82,183.
Other News from Today
Tether shifts focus to European, Middle Eastern and African markets in the face of US legal troubles