Cryptocurrency analyst Ali Martinez shared the critical levels in the Bitcoin price and listed his expectations in his statements today.
Martinez said in his statement that the critical level to watch for the BTC price is $60,365. According to the analyst, if there is a decline below this level, a bottom of up to $57,420 could be seen.
However, if this level is maintained, the analyst believes that a bounce back to $63,300 is possible.
In addition, Ali Martinez also shared about the world’s largest memecoin Dogecoin (DOGE) and announced the critical level. According to the analyst, 60,210 cryptocurrency addresses purchased 36.40 billion DOGE at the price level of $ 0.11.
Martinez thinks that Dogecoin price needs to regain this level in order to maintain its bullish outlook. Otherwise, if this level cannot be regained, it may face selling pressure as cryptocurrency wallets want to minimize their losses.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/veteran-analyst-shares-critical-levels-to-maintain-in-bitcoin-btc-and-dogecoin-doge-price/