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Bitcoin may be entering a range where a move to $76,000 or even $78,000 is possible if the $74,000 level is not broken.
This view comes from Momin Saqib, who notes that while a bearish retest scenario has not been invalidated, recent price action suggests a reversal pointing toward higher targets for Bitcoin in the short term.
Saqib's perspective on Bitcoin's near-term trajectory occurs against a backdrop of heightened volatility across major asset classes, reminiscent of the dramatic price fluctuations detailed in his analysis of the recent oil rally and subsequent plunge, where interconnected market moves raised broader concerns for both digital assets and global financial stability.