Ali Martinez, one of the well-known analysts of the cryptocurrency world, evaluated Bitcoin and altcoins in his statement.
Starting with Bitcoin, the analyst said that the closest and most important obstacles for the BTC price are the levels of $ 97,000 and $ 99,500, as 1.26 million addresses have accumulated a total of 1.22 million BTC from this region. The analyst added that breaking this level could be a turning point. The Bitcoin price is currently around $ 94,636.
On the other hand, Martinez, who evaluated Solana, claimed in his statement that SOL is consolidating in a symmetrical triangle formation. According to the analyst, in the event of an increase above the 214 level or a decrease below $ 183, a 40% movement could occur to either side. Currently, SOL is trading at $ 189.
Finally, the analyst, who evaluated the world's largest memecoin Dogecoin, claimed that DOGE is about to break out of a bear flag formation and claimed that the new price target on his chart is $ 0.27. At the moment of writing this article, DOGE is trading at $ 0.33.
*This is not investment advice.
