A cryptocurrency analyst has suggested that Bitcoin (BTC) is setting up for a possible 15% move in either direction as the asset continues to stall below the $70,000 mark.
In this line, insights by Ali Martinez suggest that Bitcoin is consolidating within a tightening symmetrical triangle, a setup that often precedes a significant breakout.
In an X post on February 18, the expert said the market is preparing for a potential 15% move as price action compresses toward the apex.
Bitcoin price analysis chart. Source: Ali Martinez
According to the outlook, Bitcoin is forming lower highs near the $70,000 to $72,000 region while establishing higher lows above roughly $64,000, creating converging trendlines.
Such compression typically reflects declining volatility and a balance between buyers and sellers before a decisive move.
A confirmed breakout above the upper trendline could open the door to an advance toward the $78,000 area, representing an approximate 15% upside from curre
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