Prominent Analyst Evaluates Bitcoin, Dogecoin and Solana Price! Here’s What He Said
Cryptocurrency analyst Ali Martinez shared his thoughts on Bitcoin, Solana, and Dogecoin in his latest assessment.
Cryptocurrency analyst Ali Martinez evaluated Bitcoin, Dogecoin and Solana in his statement.
Speaking about Bitcoin, the analyst notes that Bitcoin market peaks have historically occurred simultaneously with realized profits. Martinez said that more than $3 billion in profits were realized in December alone, raising concerns about a market peak.
In addition, he stated that similar selling pressure came from BTC miners. According to the analyst, in mid-January, miners sold approximately 20,000 BTC worth $2 billion.
Martinez said there are also signs of long-term wallets in Bitcoin. According to the analyst, the amount of BTC held in long-term wallets decreased by 75,000 in the past week.
Considering these factors, the analyst thinks that the BTC price should remain above $91,700. If it falls below this level, he claimed that the BTC price could drop below $74,000.
Evaluating Dogecoin, the analyst argued that the DOGE price has broken out of a symmetrical triangle formation and may be targeting $0.36.
On the Solana side, he stated that the SOL price is consolidating in a range and expressed his opinion that in case of a drop below $ 242.5, a drop to $ 232 is possible.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show
Dogecoin (DOGE) jumps 38%, and Cardano (ADA) launches an AI testnet, but Unstaked’s advanced AI agents go beyond marketing, offering real impact and value.Dogecoin (DOGE) Future: Aiming for $3.94 with MomentumCardano (ADA) Blockchain Tests AI ScalabilityUnstaked: AI That Goes Beyond MarketingFinal Take: Real AI Utility vs. Hype
ETH Trades at Historic Lows vs BTC Since 2019
ETH hits lowest value compared to BTC since 2019, raising questions on a potential rebound amid mixed fundamentals.ETH Undervalued Against BTC: A Historical SetupBullish History, Bearish FundamentalsPatience Required for Ethereum Bulls
Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis
BTFD Coin surges in Stage 15 with 90% APY staking and 200% bonus. Best meme coin presale to buy now before it launches on May 27!BTFD Coin (BTFD) – The Bulls Are Charging, Are You In?Dogecoin (DOGE) – The OG Meme King Facing Shaky GroundPopcat (POPCAT) – The Smart Money Magnet of the Moment
SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy
Explore Shiba Inu (SHIBA) recovery trends, Cardano (ADA) prediction backed by developer growth, and how Web3 ai’s Portfolio Optimizer replaces guesswork with smart strategy. Learn why Web3 ai is gaining traction among the highest trending crypto tools.Web3 ai’s Portfolio Optimizer Turns Guesswork Into GainsShiba Inu (SHIBA) Recovery Sparks Renewed Interest After Key Price ReboundCardano (ADA) Prediction: Development Surge Fuels Bullish OutlookStrategy Over Speculation
Trending news
MoreCrypto prices
More
