Trader Warns of Lower Prices for Bitcoin, Says BTC Remains in a Downtrend – Here’s His Downside Target

Analyst and trader Ali Martinez is turning bearish on Bitcoin (BTC) after the flagship digital asset printed corrective signals. Martinez tells his 71,200 followers on the social media platform X that Bitcoin could dip nearly 9% from its current value. “Bitcoin broke support! It looks like $55,000 is next.” He looks at the hourly chart’s The post Trader Warns of Lower Prices for Bitcoin, Says BTC Remains in a Downtrend – Here’s His Downside Target appeared first on The Daily Hodl .

Source: The Daily Hodl