Bitcoin Price Faces $75K Risk as Trader Cost Basis Sets Key Test

The post Bitcoin Price Faces $75K Risk as Trader Cost Basis Sets Key Test appeared first on Coinpedia Fintech News

The Bitcoin price is sitting at a decision point, with one analyst warning that a liquidity sweep around $87,000 could precede a deeper move toward $75,000. The proposed path is blunt, $85K, then $75K, $70K, and eventually a confirmation toward $100K. That’s a forecast by the analyst, which is not a guarantee. The more useful …