BULLISH 📈 : Analyst flags Bitcoin bottom, sets $53.9k–$43.15k accumulation targets for traders
Ali Martinez says a BTC bottom may be forming after Friday’s $59k flush. Monday’s rebound above $63k came as leverage cleared and an accumulation phase starts, per his note.
Bitcoin bounced, but Martinez focuses on the downside move. He argues the sell-off reset leverage and set up a macro base.
Key data from his post:
- Long-term holders distributed over $3.25B in spot BTC during the drop source.
- Exchange supply rose as more than 54,000 BTC moved onto trading platforms in two weeks source.
- After the $59k low, 10.46M BTC sit at a loss; past crosses above 10M “supply-in-loss” aligned with macro bottoms source.
- MVRV Pricing Bands point to the 1.0–0.8 zone as prime accumulation; Martinez maps that to ~$53,900 and ~$43,150 targets source.
He frames this as the start of a “major macro accumulation cycle” if price gravitates toward those bands source.
Headline
Ali Martinez flags BTC bottom setup after $59k drop; MVRV bands mark $53.9k–$43.15k targets