[Analysis] "Bitcoin must stay above $96,000... If it falls below, it could drop to $85,000"
Suehyeon Lee
Summary
- Analyst Ali Martinez analyzed that Bitcoin must stay above $96,000 to avoid a decline.
- He predicted that if Bitcoin falls below the given price level, it could repeat last year's pattern and drop to $85,000.
- Bitcoin is currently trading at $97,075.35, showing a slight increase from the previous day.
Bitcoin (BTC) must maintain above $96,000 to avoid potential declines, according to analysis.
On the 10th (local time), cryptocurrency analyst Ali Martinez stated, "It is crucial for Bitcoin to stay above $96,000. Otherwise, it may repeat last year's pattern and potentially fall to $85,000."
Meanwhile, Bitcoin is currently trading at $97,075.35 on CoinMarketCap, up 0.11% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
