Will Bitcoin’s Slump End? Veteran Analyst Shares Predictions

Accomplished analyst Ali Martinez predicts Bitcoin could dip to $59,000, sending warning to investors. While...

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Top Analyst Ali Martinez Predicts Bitcoin Could Plunge to $59,000, Warns Investors

As the Bitcoin continues its decline, one wonders how far the dip will go.

At this point, top analyst Ali Martinez stated that two sell signals have appeared on Bitcoin’s chart and predicted that BTC could drop to the $59,000 mark.

At this point, the analyst stated that the TD Sequential indicator has flashed a sell signal with a dead cross occurring between the 50-day SMA and the 100-day SMA on Bitcoin’s chart.