As BTC approaches $75,000, analysis suggests that this price level is a key turning point that could reverse the current sideways trend. According to CoinDesk, Mati Greenspan, founder of Quantum Economics, stated, "If BTC clearly breaks through $75,000, it would signify not just a simple price increase but a structural breakthrough, potentially transitioning into a new uptrend. What's important is not merely breaking $75,000 in the short term, but whether the price can sustainably hold above this level. If it settles at this price level, it would act as a bullish signal, attracting new capital. However, if it fails to maintain this price, there's a risk of it developing into a Bull Trap (false rally), but the overall market structure remains robust. A strong support level has formed around the $65,000 mark, suggesting that any price decline would be limited."
