"Bitcoin to Maintain Uptrend if Supported at 96K"

Source
Son Min

Summary

  • Analyst Ali Martinez mentioned that the critical support level for Bitcoin is $96,870, which is a significant factor for the uptrend.
  • It was reported that 1.45 million addresses purchased Bitcoin worth $1.42 million at this price range.
  • It is predicted that if Bitcoin is supported at $96,870, it will continue its additional uptrend.

There is a claim that Bitcoin will continue its uptrend if it is supported at the $96,000 level.

On the 5th (local time), Ali Martinez, a virtual asset analyst, stated on X, "The critical support level for Bitcoin is $96,870," adding, "At this price range, 1.45 million addresses purchased Bitcoin worth $1.42 million." He further predicted, "As long as this price level is supported, Bitcoin will continue its uptrend."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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