
Analyst Ali Martinez: Bitcoin retests $82K neckline after double bottom, target $100K
- —Martinez: BTC broke out of a double bottom and is back at the $82K neckline
- —Holding $82K as support is the condition for the rally to resume
- —Pattern target is $100,000
- —No downside target was given if $82K fails
Why it matters: A hold above $82K would confirm the reversal pattern and open the path to $100K, while a breakdown would invalidate the setup.
Source: Blockmedia