Ali Martinez, one of the most well-known analysts of the cryptocurrency market, shared significant levels in Bitcoin in his statement and claimed that there was a bull signal for Polygon (MATIC).
According to the analyst, the critical support levels to watch in Bitcoin price are $61,100, $56,685 and $51,530.
On the upside, the analyst thinks that the critical resistance points are $66,990 and $72,880.
Bitcoin price experienced a serious correction today and fell to around $62,000, with the withdrawal from $67,000 levels. The cryptocurrency, which has experienced a partial recovery at the time of writing this article, is traded at $ 65,421 and has decreased by 2.39% in the last 24 hours.
However, the analyst also talked about the Polygon (MATIC) altcoin. According to the analyst, the TD Sequential indicator, which is frequently used by Ali Martinez, has drawn a successful picture in MATIC price predictions on the 4-hour chart so far. Speaking about the future period, the analyst argued that a potential bull signal has formed that could potentially bounce the MATIC price above the $0.92 support level.
*This is not investment advice.