Summary
- Analyst Ali Martinez indicated that Bitcoin could fall to $70,440 if it moves beyond $93,198.
- He identified $70,440 as Bitcoin's significant support level.
- He explained that support levels are points where Bitcoin prices hold steady during declines, carrying significant meaning for investors.
As Bitcoin (BTC) price shows weakness, negative analyses continue to emerge.
On the 25th (local time), cryptocurrency analyst Ali Martinez stated through his X (Twitter) that "for Bitcoin, there are no meaningful support levels between $93,198 and $70,440."
A support level refers to a point where stock or cryptocurrency prices hold steady despite falling.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
