- Joao Wedson says Bitcoin must hold $87,500, identified as final support using Alpha Price, a trusted on-chain behavior-based metric.
- If BTC breaks below $87,500, the probability of losing $75K grows high, according to the analysis shared in Wedson’s recent tweet.
- Alpha Price has repeatedly shown accurate support levels; traders are advised to place stops just below $87K to manage downside risk.
Bitcoin continues to trade above $94,700, but market attention is now on the $87,500 support level, which analysts describe as critical based on on-chain Alpha Price data.
Bitcoin Price Faces Pressure Near Key Support
Bitcoin (BTC) is priced at $94,710.77 as of writing, showing a 0.63% gain in the past 24 hours. However, over the last seven days, BTC has slipped by 0.29%. While the market remains steady for now, analysts are turning their focus to the $87,500 level as a key technical floor.
On X (Formerly Twitter), crypto analyst Joao Wedson emphasized the importance of this level. “BTC must not lose $87,500 — it’s the final support,” he wrote, citing the Alpha Price metric. This on-chain model, developed by Alphractal, tracks wallet behavior and transaction data to determine price zones.
Alpha Price Signals Final Support Level
The Alpha Price, according to Wedson, has consistently identified major support zones based on market behavior. He added, “This is a critical level based on the Alpha Price, and we’re still holding above $95K.” The model uses wallet activity to assess investor positioning and determine breakpoints.
Wedson further warned of a broader downturn if BTC breaks below this key mark. “If $87,500 breaks, there’s a very high probability we’ll also lose the $75K level,” he noted. This has led many traders to adjust risk strategies accordingly, especially during flat market conditions.
Traders Watch $87K to Set Protection Levels
With Bitcoin hovering near the $95K range, short-term sentiment remains cautious. Many market participants are placing stop-loss orders near $87,000 to protect from sudden drops. Wedson advised, “If I were you, I’d set a stop just below $87K — if it breaks, you’ll likely limit your losses.”
He also pointed to the reliability of the Alpha Price tool. “Every time Alphractal has highlighted this metric, it has been incredibly accurate,” he wrote. For now, the $87,500 level remains the line to watch as Bitcoin moves through a critical zone.
