One of the few analysts who accurately described Bitcoin’s 2025 price high believes Bitcoin It needs to hold one key level to avoid price collapse.
The analyst goes by the alias KillaXBT He tells His 201,600 followers on
However, he does share a chart warning that Bitcoin could enter a downtrend if Bitcoin drops below $75,000.
”Bulls don’t want to lose this.” As we can see, the weekly opening continued along with the gap filling. There is a high probability that we will clear $78,000 this week, and if we do, Bitcoin could extend to partially closing the $79,000 gap between $78,650 and $78,850. If that happens, I’ll wait for acceptance before looking at scalp shorts.
The merchant too He says Bitcoin needs to reclaim the $80,000 range to confirm the upside.
“If we stay below the $80,000 area, I expect something along these lines to happen. We get acceptance back into the range, followed by two red candles. I expect market makers to squeeze late shorts by pushing the price higher first, before it reverses and sends the price back towards the $74,000 area.”
Finally, the merchant warns BTC may correct to the price level currently achieved at $54,000.
The realized price metric is an on-chain indicator that calculates the average price of all bitcoins in circulation based on the price at which they were last quoted.
“If we’re really trending lower, BTC will probably have another three to four months to make that move (to $54,000). If we don’t revisit those lower levels below $60,000 during that time frame, there’s a good chance we’ll never see them at all.”
Bitcoin is trading for $75,652 at the time of writing, down 1.2% on the day.
Follow us on X, Facebook and cable
Never miss a beat – Subscribe Get email alerts delivered directly to your inbox
browse Hodel’s daily mix
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: mid-flight
