BTC could see structural rebound if it breaks $75K, analyst says

As Bitcoin approaches the $75,000 mark, market analysis suggests this price level is a key pivot point that could reverse the current sideways trend. Mati Greenspan, founder of Quantum Economics, said that a clear break above $75,000 would represent a structural breakout rather than a simple price hike, potentially shifting the market into a new uptrend, CoinDesk reported. He noted that the critical factor is not merely surpassing the level in the short term but whether the price can stabilize above it. According to Greenspan, settling at this price would act as a bullish signal and could attract new capital. While a failure to hold this level could risk a bull trap, he added that the overall market structure remains robust, with a strong support line at $65,000 likely to limit any significant price drops.