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Top Crypto Analyst Predicts Bitcoin Could See A ‘Push Higher’ Before A Final Leg Down— Here’s What Indicators Say
A leading cryptocurrency analyst anticipated a potential rally for Bitcoin (CRYPTO: BTC) before a final leg down.
Will History Repeat?
In an X post on Thursday, Ali Martinez said that Bitcoin’s ongoing price action has “similarities” with the 2022 bottoming structure.
“If this holds, we could see another push higher before a final leg down,” he predicted.
The analyst shared a chart comparing the 2022 decline to $16,000 with the current 2026 consolidation in the $76,000$76,000–$77,000 range.
If the current structure replicates the 2022 pattern, Bitcoin might potentially reach a higher peak near $82,000 before plunging to lows around $56,000.
Full story available on Benzinga.com
Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high
Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with a trip back to record highs.
US Market News
Indian Market News
PSU Stock in focus After it bags ₹400 Cr order for BESS from GRIDCO in Odisha
Synopsis: Coal India Limited has secured a new domestic project in energy storage, marking a step beyond coal operations and showing its gradual shift toward newer power-related opportunities. The shares of this large cap company majorly engaged in mining and production of Coal operating Coal washeries with major consumers of the company being power, steel […]
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Paras Defence and 4 Stocks That Have Received Orders Worth More Than ₹250 Cr to Watch
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Bulk Deal: 3 Stocks Where Investors Bought and Sold Stakes Worth Up to ₹29.8 Cr
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Crypto Market News
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Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
Futures drove up Bitcoin’s price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines.
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