Analyst says BTC could fall to $76K-$78K without fresh buying

Bitcoin is retesting support after breaking above the top of its recent range, and buying interest is urgently needed to defend the $80,000 level, well-known trader Killa said. Killa said if strong buying does not emerge at the $80,000 support level, the latest rebound could act as a trap that draws in investors before a further correction toward $76,000-$78,000, making this a key inflection point for Bitcoin’s next move. Killa added there is no need for Bitcoin to sweep the previous low again to secure liquidity, noting the market has already seen around $2 billion in forced liquidations.