Bitcoin Price Could Hit $137K If Support Holds
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Holding the support level means $137,300 ahead, while losing it risks $93,600.
Bitcoin (BTC) has recorded a mild uptick over the past week as it traded above $117,240. New data suggest that the crypto asset’s path forward depends on $115,440 support.
The reaction around this level will likely determine whether Bitcoin extends its rally or slips into a sharper correction.
Lose $115K, Face $93K
According to crypto analyst Ali Martinez’s latest update, BTC’s Pricing Bands reveal the emergence of $115,440 as the most critical support level for the crypto asset. This threshold now serves as the decisive pivot point for the market’s next major move.
If Bitcoin manages to hold above it, momentum could build toward the next upside target at $137,300. This is expected to boost bullish conviction further. However, a breakdown below this zone could expose the market to deeper downside pressure, and even bring $93,600 into focus as the next key support.
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