Bitcoin

when

Experienced cryptocurrency analyst Ali Martinez talked about the future of Bitcoin price in his latest statement.
The analyst's comments came at a time when BTC price was down slightly from the $53,000 mark and was trading around $50,800.
According to Martinez, if BTC cannot regain the $ 52,000 level in a short time, it may face an 8% correction. This could push the BTC price to a region between $48,000 and $46,500, according to the analyst.
Related News: <a href="https://en.bitcoinsistemi.com/as-bitcoin-declines-slightly-il-capo-reveals-the-level-he-aims-for-it-to-reach/" target="_blank" rel="noopener noreferrer nofollow">As Bitcoin Declines Slightly, il Capo Reveals the Level He Aims For It to Reach</a>
Ali Marinez believes that the region in question is a strong resistance point and states that more than 1 million cryptocurrency wallet addresses in this region hold 544,870 BTC. This means that approximately $28 billion worth of BTC was purchased from this region.
Despite the recent decline, the world's largest cryptocurrency has still increased by approximately 8% in the last week and continues to hold above the $ 50,000 level.
In the last 24 hours, there have been downward waves in many altcoins, parallel to BTC, and declines at similar rates to BTC.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/veteran-analyst-explains-what-could-happen-if-bitcoin-fails-to-recover-52000-soon/" rel="noopener noreferrer nofollow">Veteran Analyst Explains What Could Happen If Bitcoin Fails to Recover $52,000 Soon</a>

Veteran Analyst Explains What Could Happen If Bitcoin Fails to Recover $52,000 Soon

Bitcoin Sistemi EN

Other articles published on Feb 17, 2024

Ethereum (ETH) Whale Predicts Kelexo (KLXO) to rocket & deters from investing in Cardano (ADA) in...

Top 10 Ways To Trade In Crypto Bull Market

Celsius Network Repaid $2 Billion to Creditors- Court Filing

US Prosecutors Seek Approval for Binance’s $4.3 Billion Settlement Deal

The Coinbase’s Report on Blockchain Technology Advantages

Porto FC (PORTO) Token Surges +12% as 18 Months Resistance Breaks; Price Must Overcome These Next...

Join our free newsletter for daily crypto updates!