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Bitcoin Risks Drop To $69,000 If Pennant Support Breaks, Analyst Warns
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TL;DR:
A cryptocurrency analyst has pointed out how Bitcoin could risk a crash to $69,230 if the support level of this Bear Pennant doesn’t hold up. Bitcoin Might Need To Hold Above $87,200 In a new post on X, analyst Ali Martinez has talked about a support level that BTC might have to hold in order to avo...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.