[Analysis] "Bitcoin: Watch the $116,095 support level and $118,955 resistance level"

Source
Suehyeon Lee

Summary

  • Cryptocurrency analyst Ali Martinez analyzed that Bitcoin investors should focus on the $116,095 support level and the $118,955 resistance level.
  • He explained that this price range is the crucial price zone for determining Bitcoin's future price movement.
  • Bitcoin is currently trading at $117,528.52, up 0.58% from the previous day.
Photo=Ali X(X)
Photo=Ali X(X)

It has been analyzed that Bitcoin (BTC) investors should keep an eye on the upcoming $116,095 support level and the $118,955 resistance level.

On the 26th (local time), cryptocurrency analyst Ali Martinez stated, "The most important points to watch in Bitcoin right now are the $116,095 support level and the $118,955 resistance level." He explained that these prices are crucial and could determine the future price movement.

Meanwhile, Bitcoin is currently trading at $117,528.52 on CoinMarketCap, up 0.58% from the previous day.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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