Bitcoin Risks Drop To $69,000 If Pennant Support Breaks, Analyst Warns

A cryptocurrency analyst has pointed out how Bitcoin could risk a crash to $69,230 if the support level of this Bear Pennant doesn’t hold up.
Bitcoin Might Need To Hold Above $87,200
In a new post on X, analyst Ali Martinez has talked about a support level that BTC might have to hold in order to avoid a steep drop. The level in question is the lower line of a Bear Pennant.
A Pennant is a pattern from technical analysis (TA) that’s similar to a Flag. Both of these patterns are charact