Analyst Ali Martinez: Bitcoin faces little resistance up to $104,765
- —BTC rose 35% from $62,938 in early August to $85,265 by September 23
- —Support holds at $84,569 with minimal resistance up to $104,765
- —2,722 transactions worth over $1 million were recorded on September 21
- —ETFs accumulated $1.6 billion worth of BTC in 72 hours
Why it matters: If the $84,569 support holds, the analyst sees a likely continuation of the rally in early October and a push above $100,000.
Source: Finbold