Bitcoin price set for a massive crash if this crucial level is lost
Bitcoin’s (BTC) performance in the cryptocurrency market in the last month has, in many ways, been reminiscent of the previous bull cycles. Specifically, the cryptocurrency has been moving at a neck-breaking pace, generating or erasing tens and hundreds of billions of dollars of value within ours. One on-chain expert and cryptocurrency analyst, Ali Martinez, has found a constant amidst the volatility: BTC’s most important support level. Indeed, according to the expert, Bitcoin must remain above $96,000 with at least relative consistency, lest it face a collapse to $85,000. Interestingly, despite the cryptocurrency market’s dynamism and BTC making the round trip toward $104,000 and back last week, the crash zones have remained fairly consistent. Picks for you R. Kiyosaki reveals what to do ‘when the stock market bursts’ ...