A closely followed crypto analyst is revealing bullish targets for Bitcoin (BTC) while updating his outlook on a handful of prominent altcoins.
In a new strategy session, crypto trader Ali Martinez tells his 139,200 followers on the social media platform X that the top crypto asset by market cap looks poised to push to the $118,000 price level – a new all-time high – if it can finish with a daily close above $109,000.
“Despite the broader quarterly outlook shared in this video, the daily chart for Bitcoin. BTC looks promising. A daily close above $109,000 could open the door to a rally toward $118,000!”
BTC is trading for $109,644 at time of writing, a fractional increase on the day.
Moving on to smart contract platform Ethereum (ETH), Martinez says he expects more choppiness until the top altcoin closes outside the $2,227-$3,385 range.
“Heard a company added an inflationary asset like…
