If it can't hold above 75,000, a downward trend will begin.


I've seen this script too many times last year, I hope this time is different.
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CoinNetwork
CryptoWorld News reports that analyst KillaxBT states that Bitcoin needs to stay above $75,000 to avoid a price collapse.
He points out that Bitcoin may attempt to break through the $80,000 resistance level in the short term, but if it falls below $75,000, it could enter a downtrend.
He also mentioned that if Bitcoin can regain the $80,000 range, it will confirm a bullish trend.
Currently, Bitcoin is trading at $75,652, down 1.2% for the day.
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