Cryptocurrency analyst Ali Martinez has identified a critical Bitcoin price level of $97,877 that must not be breached for the current bull market to continue. Martinez highlights that a significant amount of BTC has been accumulated at this level, making it of critical importance. If Bitcoin remains above this level, the bull run is likely to continue. However, if Bitcoin falls below $97,877 and then drops under $91,700, the entire bull market may be at risk. Despite Federal Reserve chairman Jerome Powell stating no plans to further reduce interest rates, Bitcoin has experienced a price surge of almost $4,000 over the past 24 hours. There are ongoing debates within the crypto community regarding the potential inclusion of Bitcoin in a Strategic Bitcoin Reserve, which was promised by former President Donald Trump during his election campaign.



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