[Analysis] "Bitcoin, $115,440 is the key support…will determine direction"

Source
Suehyeon Lee

Summary

  • Analyst Ali Martinez said Bitcoin's most important support level is $115,440.
  • If that support level holds, the next target is expected to open at $137,300.
  • Conversely, it stated that if the support level breaks, it could retreat to $93,600.
Photo=Ali X(X)
Photo=Ali X(X)

An analysis found that the most important support level for Bitcoin (BTC) is $115,440.

On the 18th (local time), Ali Martinez, a virtual asset (cryptocurrency) analyst, said via X, "According to Pricing Bands analysis, Bitcoin's most important support level is $115,440."

He added, "If this level holds, the next target opens at $137,300, but if it breaks, it could retreat to $93,600."

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Suehyeon Lee

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