Trader Says All Eyes on One Bitcoin Level After BTC Loses Critical Support Line, Updates Outlook on Cardano and Three Other Altcoins
Description
A closely followed crypto analyst says that one metric suggests Bitcoin ( BTC ) may decline to under $110,000 after losing a key support level. In a new thread, crypto trader Ali Martinez tells his 145,400 followers on the social media platform X that Bitcoin may decline more than 7% from its current value as the flagship crypto asset declines along with the broader financial markets. The crypto analyst looks at the Unspent Transaction Output (UTXO) Realized Price Distribution (URPD) model to de...
$BTC
$113574.7
-1.90%
$FIL
$2.293
-2.80%
$LINK
$15.936
-4.46%
$PEPE
$0.000010313
-2.81%
$ETH
$3501.90
-4.41%
$ADA
$0.7101
-2.57%
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