On the 29th of the month, according to Cointelegraph, Material Indicators co-founder Keith Alan emphasized the importance of Bitcoin's efforts to return to a significant price level from early 2025. This level is around $93,500 and is a key focus for future trends. A brief dip below this price point after the weekly close has raised concerns for Alan. He stated, 'This is also one of the reasons I think there may be more downward volatility.' However, he also acknowledged that a successful retest of the support level could have a positive impact. Alan further added that he hopes Bitcoin's 21-week Simple Moving Average (SMA) can hold, but currently, the price is in a 'critical area.'