A widely watched crypto analyst warns that Bitcoin (BTC) may be in danger of a significant drop if it is unable to maintain a critical support level.
In a new strategy session, crypto trader Ali Martinez tells his 110,700 followers on the social media platform X that sell pressure could see the crypto king plunge all the way back down to $74,000 if it fails to maintain the $92,000 price level.
“A surge in selling pressure pushing Bitcoin below $92,000 could spell trouble. Falling past this level opens the door to a steep drop, with little support until $74,000.”
