Expert sets Bitcoin’s next levels to watch as BTC gets ‘stuck in a parallel channel’
With Bitcoin (BTC) having established itself above the $60,000 support zone, bulls are now seeking to maintain their dominance even as the asset faces uncertainty amid underlying bearish elements. Amid the recent price movement, crypto analyst Ali Martinez pointed out in a post on X on July 2 that the maiden crypto is seemingly “stuck in a parallel channel,” suggesting key levels to monitor for potential price movements. Martinez noted that if the lower boundary at $62,500 holds, Bitcoin could rebound to $63,200 or $63,800. Picks for you Bitcoin miners sell 5-day mining revenue in just three days amid sell-off 32 mins ago Is Gold on the verge of a breakthrough amid strengthening dollar and Fed speculations? ...