Bitcoin Analysts Highlight Key Price Levels Amid Market Turbulence

Bitcoin (BTC) has faced resistance, briefly dipping below $90,000. Analysts have pinpointed key levels affecting its short-term price:

$89,200 serves as crucial support. A drop below may lead to $87,500.
Losing the $87,500 support could indicate a further downward trend.
Reclaiming $94,000-$95,000 is necessary for positive momentum, potentially aiming for $102,000-$103,000.

Fellow analyst Ali Martinez warns maintaining above $87,200 is vital to avoid a decline to $69,230, representing a potential 24% drop.

Bitcoin saw a slight increase to $91,390, influenced by the US Supreme Court's decision to delay a ruling on tariffs, possibly adding market volatility.

Bitfinex Whales' Activity

Bitfinex whales are aggressively unwinding BTC long holdings, often signaling market turbulence.
A previous unwind in early 2025 led to a 50% rally from $74,000 to $112,000 within 43 days.
Analyst Ash Crypto suggests a similar pattern might emerge, targeting $135,000 or higher.

This unwinding helps relieve market pressure, allowing price-hunting algorithms to shift direction upward.

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