#ALI Cryptocurrency analyst Ali Martinez shared new insights about the market, suggesting that the price of Bitcoin may be forming an ascending wedge pattern with a possible test of $79,000. Currently, Bitcoin is trading at $84,430. Analyst Joao Wedson pointed out a gap that is narrowing between Bitcoin futures prices and spot prices, indicating a possible decrease in bearish sentiment. This convergence historically precedes strong rallies of Bitcoin.
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#ALI Cryptocurrency analyst Ali Martinez shared new insights about the market, suggesting that the price of Bitcoin may be forming an ascending wedge pattern with a possible test of $79,000. Currently, Bitcoin is trading at $84,430. Analyst Joao Wedson pointed out a gap that is narrowing between Bitcoin futures prices and spot prices, indicating a possible decrease in bearish sentiment. This convergence historically precedes strong rallies of Bitcoin.