An influential cryptocurrency analyst flagged Bitcoin’s (CRYPTO: BTC) next resistance level and a potential bearish signal amid the apex cryptocurrency’s resurgence this week.
What Happened: Ali Martinez, known for his technical and on-chain analysis of top cryptocurrencies, cautioned Saturday that Bitcoin could face “heavy” resistance between $94,125 and $99,150, potentially halting its upside. He called it a “critical zone” where 2.61 million wallets have accumulated 1.76 million BTC.
#Bitcoin $BTC faces heavy resistance between $94,125 and $99,150, where 2.61 million wallets accumulated 1.76 million BTC. A critical zone to watch! pic.twitter.com/FJoojPs4P4
— Ali (@ali_charts) April 26, 2025
Full story available on Benzinga.com
