Analyst warns Bitcoin could fall to $60,000, Ethereum to $1,963, XRP targets $0.99

Cryptocurrency markets continued to experience downward pressure, with prominent market analyst Ali Martinez outlining potential targets for Bitcoin , Ethereum , and XRP if declining trends persist. Martinez, known for his technical analysis shared across social media platforms, detailed the current technical setups for these leading digital assets in a recent thread. Martinez emphasized that Bitcoin is currently trading within a defined price channel on the three-day chart. He identified $73,000 as a pivotal mid-range support, warning that a sustained drop below this level could open the door to further declines. He noted that if Bitcoin loses this key zone, the next major support stands at $60,000. This price level has not been observed since July, marking a significant reversal from the asset’s recent highs near $75,808.

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