Analyst: BTC could target $69K if it holds $64K support

Crypto analyst Ali Martinez has suggested that Bitcoin could target $69,000 if it successfully defends the $64,000 support level. Sharing a 60-minute chart, Martinez noted that BTC is currently showing short-term strength by maintaining an ascending channel, with its lower support line situated around $64,000. He added that if this channel holds, the next targets could be the channel's midline at $66,800 and its upper resistance line at $68,800. According to CoinMarketCap, BTC is currently trading at $64,234.82, down 1.09%.