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Bitcoin Needs to Hold $63,800 Support to Rebound Toward $67,000, Analyst Says

Source
Uk Jin

Summary

  • Ali Martinez said it is important for Bitcoin to hold $63,800 as a support level.
  • He said Bitcoin could rebound to $67,000 if it defends that support.
  • He added that Bitcoin could fall to $60,000 if the support level breaks.

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Bitcoin needs to hold the $63,800 level as support, according to digital-asset analyst Ali Martinez.

Martinez wrote on X on July 25 that Bitcoin could rebound to $67,000 if it defends that level.

If the support gives way, Bitcoin may fall to $60,000, he added.

As of 5:45 p.m., Bitcoin was trading at $63,894, down 2.28% from a day earlier, according to CoinMarketCap.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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