"Bitcoin, Short-term Peak at $112,926"

Source
Son Min

Summary

  • Analyst Ali Martinez reported that Bitcoin's short-term peak could reach $112,926.
  • The short-term peak is analyzed to be at a level that adds 1 standard deviation to the average purchase price of short-term holders.
  • He stated that this is an important indicator for short-term investors to consider.

There is a claim that Bitcoin could reach $112,926 in the short term.

On the 5th (local time), virtual asset analyst Ali Martinez stated on X, "Bitcoin's short-term peak is formed at a level that adds +1 standard deviation to the average purchase price of short-term holders," and "this is around $112,926."

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Son Min

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