Bitcoin faces pressure if $74.5K not regained, Carl Runefelt warns

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Bitcoin must reclaim $74.5K level soon

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Hanna Syniavska

01.06.2026

Bitcoin faces pressure if $74.5K not regained, Carl Runefelt warns — Bitcoin must reclaim $74.5K level soon

Carl Runefelt highlighted that Bitcoin's recent monthly close failed to impress investors.

According to Runefelt, Bitcoin must reclaim the $74,500 level soon or the market could experience further downside risk.

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Earlier this year, Runefelt noted that Bitcoin was testing major support on its multi-cycle uptrend and suggested the possibility of a rally following a brief dip, according to a recent market update. He has also promoted crypto incentives, including a $30,000 sign up bonus for new BTCC users and a giveaway tied to the Argentina National Team. These prior initiatives and observations reflect his ongoing engagement with both market moves and industry promotions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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