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Gate Square New & Returning Creator Rewards are ongoing!
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📊 Bitcoin’s Critical Levels Revealed by Analyst Ali Martinez
Cryptocurrency expert Ali Martinez shared his insights on Bitcoin's current trajectory in his latest analysis.
⚠️ According to Martinez, Bitcoin’s price must hold above $92,730. If it dips below this level, BTC could enter a free fall.
✅ On the flip side, the bearish outlook could be invalidated if Bitcoin achieves consistent closes above $97,300, and more importantly, a daily close above $100,000.
📉 At the time of writing, BTC is trading at $94,379, but Martinez remains optimistic. He emphasized that a 20%-30% correction could actually be one of the most bullish scenarios for Bitcoin.
🔗 Martinez also weighed in on altcoins, highlighting Chainlink (LINK). He believes that if the Head and Shoulders pattern plays out, LINK’s price could drop to $14. As of now, LINK is trading at $21.92.
Stay tuned for market updates! 🚀 #btc bitcoin