[Analysis] "Bitcoin Must Maintain $93,000 to Rebound"

Source
Suehyeon Lee

Summary

  • Bitcoin's $93,000 support level is reported to be a crucial factor for a future price rebound.
  • Analyst Ali Martinez identified a buy signal using the TD Sequential indicator.
  • Bitcoin is currently trading at a price down 1.65%, highlighting the importance of maintaining the support level.
Image=Ali Martinez X(X)
Image=Ali Martinez X(X)

Bitcoin (BTC) maintaining the $93,000 level is seen as crucial for a future price rebound.

On the 30th (local time), cryptocurrency analyst Ali Martinez stated on his X (formerly Twitter) that "the TD Sequential indicator has shown a buy signal on the hourly chart, and the price will only rebound if the $93,000 support level is maintained."

Meanwhile, Bitcoin is currently trading at $93,464.33 on CoinMarketCap, down 1.65% from the previous day.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?