Bitcoin Primed for New All-Time High if BTC Breaks Above This Resistance Level, Says Crypto Trader
A widely followed crypto analyst says that Bitcoin (BTC) could skyrocket to a new all-time high if it can shoot above a key resistance level.
In a new strategy session, crypto trader Ali Martinez tells his 136,500 followers on the social media platform X that the top crypto asset by market cap can break above $97,530, which could mean it’s on its way to a new all-time high price tag.
“The key resistance level to watch for Bitcoin is $97,530. A breakout above it could open the door to new all-time highs.”
According to Martinez, based on the MVRV (market value to realized value) metric – which gauges the market’s sentiment and valuation of a crypto asset – the flagship digital asset’s next…
