Bitcoin experienced a significant drop in recent days, falling to $60,700 after a sharp increase in cryptocurrency by the US government. However, renowned cryptocurrency analyst Ali Martinez predicts that the largest cryptocurrency’s price will soon rise. In his technical analysis, Martinez notes that Bitcoin appears to be forming an “Adam and Eve” bottoming pattern, signaling a potential 6% rally towards $66,000 if it can maintain a nearby candlestick above $62,200. At the time of publication, Bitcoin was quoted at $62,244.04, up 0.9% in the last 24 hours. Martinez also revealed in a recent forecast that four cryptocurrencies, including Bitcoin, have a potential imminent price rise on the horizon. It is important to note that the views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
