"Bitcoin, $106,000 is a key support level"

Source
Son Min

Summary

  • Analyst Ali Martinez has indicated that the next major support level for Bitcoin is $106,000.
  • He also mentioned that the $100,000 support level remains in place.
  • As of 3:11 PM on the 27th, Bitcoin was trading at $111,310, up 0.97% from 24 hours ago.

There is a claim that the next major support level for Bitcoin (BTC) is $106,000.

On the 27th (local time), crypto asset (cryptocurrency) analyst Ali Martinez stated on X (formerly Twitter), "Bitcoin is falling below its support line" and added, "The next key support level will be $106,000." He further mentioned that "the $100,000 support level is also still in place."

As of 3:11 PM, based on the Binance USDT market, Bitcoin is trading at $111,310, up 0.97% from 24 hours earlier.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?