Markets· ★★★· neutral·

Bitcoin must hold $75,500 to preserve bull market structure, Hilbert analyst says

  • —Bitcoin fell 5.4% on the week and briefly slipped below $80,000
  • —Immediate support sits at $78,500–79,500; $75,500 is the structural line
  • —US spot Bitcoin ETFs drew about $442 million in net inflows for the week
  • —A move above $87,500 would open the path to $95,000–$98,000
Why it matters: The $75,500 level separates the current bull structure from a return to lower ranges, with the Fed's October 28 decision set to set the tone.
#BTC
Source: Crypto Briefing
More on this
Markets · Oct 9
CryptoQuant: $74,600 Is the Key Support to Preserve Bitcoin's Bull Structure
 Markets · Oct 12
Bitcoin, Ethereum, XRP, Dogecoin Rise as 'Greed' Persists; Analyst Says BTC Bulls Must Get 'Moving'
 Markets · Oct 23
Analysts Say Bitcoin's 'Boring' Market Could Signal a Coming Bull Run