Cryptocurrency analyst Ali Martinez has identified critical levels in the Bitcoin and Dogecoin prices, providing insights into his expectations.
Bitcoin (BTC)
According to Martinez, a critical level to monitor is $60,365. If this level is breached downwards, a drop to $57,420 may occur. Conversely, if the level holds, a potential rebound to $63,300 is possible.
Dogecoin (DOGE)
Martinez also highlighted a key level for Dogecoin: 60,210 cryptocurrency addresses holding 36.40 billion DOGE at $0.11. He believes that regaining this level is crucial for Dogecoin to sustain its bullish sentiment. Failure to do so could lead to selling pressure as cryptocurrency wallets seek to mitigate losses.
Disclaimer:
This analysis does not constitute investment advice.