👍
Post
Deepak_XBT
·
--
In the BTC chart, right now one level seems the most important to me — $73,880.
According to Ali Martinez’s MVRV price bands, this is the -0.5 level. If BTC holds above this area, then the next major level could be $100K.
But there’s another interesting part.
Martinez is comparing the current structure to the price action after the 2022 bear-market bottom. In his view, the $83K area is important resistance. If rejection happens there, then a pullback is possible — and that could become the next buying opportunity.
There’s also an interesting setup in DOGE. There’s a possibility of a bullish flag on the hourly chart. An hourly close breakout above $0.090 could confirm it, with $0.115 as the next potential target.
For me, the question is simple right now: will BTC hold at $73,880, or will there be a rejection at $83K?
According to Ali Martinez’s MVRV price bands, this is the -0.5 level. If BTC holds above this area, then the next major level could be $100K.
But there’s another interesting part.
Martinez is comparing the current structure to the price action after the 2022 bear-market bottom. In his view, the $83K area is important resistance. If rejection happens there, then a pullback is possible — and that could become the next buying opportunity.
There’s also an interesting setup in DOGE. There’s a possibility of a bullish flag on the hourly chart. An hourly close breakout above $0.090 could confirm it, with $0.115 as the next potential target.
For me, the question is simple right now: will BTC hold at $73,880, or will there be a rejection at $83K?
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.