{"id":137046,"date":"2024-09-10T18:00:46","date_gmt":"2024-09-10T15:00:46","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137046"},"modified":"2024-09-10T12:23:10","modified_gmt":"2024-09-10T09:23:10","slug":"key-bitcoin-price-level-could-prevent-major-drop-analyst-warns","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/","title":{"rendered":"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns"},"content":{"rendered":"<p>On social media platform X, Martinez highlighted that the $54,240 mark is vital when looking at <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s<\/a><\/strong> MVRV price bands.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">According to the <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> MVRV Pricing Bands, the $54,240 support level is crucial to monitor. A breach of this level could lead to a correction down to $41,100! <a href=\"https:\/\/t.co\/7BQnzPK8Wt\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/7BQnzPK8Wt<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1833141306521952752?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 9, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He suggested that a fall below this level could lead to a correction towards $41,100.<\/p>\n<p>Martinez also noted that a drop to $54,240 could trigger a $24 million liquidation event on Binance.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-future-could-depend-on-u-s-presidential-election-outcome-analysts-say\/\" title=\"Bitcoin\u2019s Future Could Depend on U.S. Presidential Election Outcome, Analysts Say\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/crypto-usa-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin\u2019s Future Could Depend on U.S. Presidential Election Outcome, Analysts Say<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Despite this, Bitcoin\u2019s recent price movement has slightly moved away from this critical level, trading at $57,308\u2014up about 5% in the past 24 hours and briefly exceeding $58,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.<\/p>\n","protected":false},"author":3,"featured_media":106913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-137046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns<\/title>\n<meta name=\"description\" content=\"Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-10T15:00:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1368\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\"},\"author\":{\"name\":\"Alexander Stefanov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"headline\":\"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns\",\"datePublished\":\"2024-09-10T15:00:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\"},\"wordCount\":122,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\",\"name\":\"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg\",\"datePublished\":\"2024-09-10T15:00:46+00:00\",\"description\":\"Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg\",\"width\":2048,\"height\":1368},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"CryptoDnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"CryptoDnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"CryptoDnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\",\"name\":\"Alexander Stefanov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/img-14e616677-d70d-4267-b0f4-a7b978fc81a3-96x96.webp\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/img-14e616677-d70d-4267-b0f4-a7b978fc81a3-96x96.webp\",\"caption\":\"Alexander Stefanov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns","description":"Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/","og_locale":"en_US","og_type":"article","og_title":"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns","og_description":"Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.","og_url":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/","og_site_name":"CryptoDnes EN","article_published_time":"2024-09-10T15:00:46+00:00","og_image":[{"width":2048,"height":1368,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg","type":"image\/jpeg"}],"author":"Alexander Stefanov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Stefanov","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/"},"author":{"name":"Alexander Stefanov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5"},"headline":"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns","datePublished":"2024-09-10T15:00:46+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/"},"wordCount":122,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg","articleSection":["Bitcoin"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/","url":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/","name":"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg","datePublished":"2024-09-10T15:00:46+00:00","description":"Crypto analyst Ali Martinez has identified a crucial Bitcoin price level that could prevent a significant drop.","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/bitcoin13213.jpeg","width":2048,"height":1368},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/key-bitcoin-price-level-could-prevent-major-drop-analyst-warns\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"Key Bitcoin Price Level Could Prevent Major Drop, Analyst Warns"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"CryptoDnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"CryptoDnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"CryptoDnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5","name":"Alexander Stefanov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/img-14e616677-d70d-4267-b0f4-a7b978fc81a3-96x96.webp","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/img-14e616677-d70d-4267-b0f4-a7b978fc81a3-96x96.webp","caption":"Alexander Stefanov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/"}]}},"modified_by":"Deyan Angelov","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/137046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=137046"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/137046\/revisions"}],"predecessor-version":[{"id":137047,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/137046\/revisions\/137047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/106913"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=137046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=137046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=137046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}