
Bitcoin Faces $75K Risk as Trader Cost Basis Sets Key Test
- —Analyst sees a liquidity sweep near $87,000 before a move toward $75,000
- —Trader Realized Price sits near $68,900, upper band around $96,500
- —Projected path: $85,000, then $75,000 and $70,000, with confirmation toward $100,000
- —Holding the cost basis would keep the recovery structure intact
Why it matters: The $68,900 level separates a recovery from a deeper selloff, making it the key test for traders.
Source: Coinpedia