As Bitcoin 
$94,206 price fluctuates around the $90,000 mark, a notable analyst emphasizes critical support levels. The analyst warns that a potential loss of these support points could trigger significant price declines.
Critical Support Levels and Potential Risks
Trader Ali Martinez, in a statement on social media platform X, highlights the importance of the support region between $97,041 and $93,806 for Bitcoin. He indicated that if this region is lost, the price could plummet to as low as $70,085.
Martinez stated, “If we fall below this level, there is minimal support below. This situation could lead to a sharp decline.” He based this assessment on the Unspent Transaction Output (UTXO) Realized Price Distribution (URPD) model, which identifies critical levels by analyzing the amount of coins moving within specific price ranges.
Martinez also noted that the supply acquired between $97,000 and $99,000 has not yet been sold. He stressed that if investors holding at these levels decide to sell, the risk of breaking the support region could increase.
