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BTC at $75,000 support with risks below, Jamie Coutts notes

BTC at $75,000 support with risks below, Jamie Coutts notes
BTC support at $75,000; trend reversal level

Bitcoin has held the $75,000 support level, with an air pocket down to the mid-$60,000 range and several key trend filters potentially turning bearish if it falls further. Jamie Coutts stated that a break above $87,000 would confirm an August trend reversal based on a range of critical weekly technical and on-chain data.

Coutts has previously observed that altcoin supply overhang has become manageable, with payouts to holders expected to improve notably by 2026, according to recent analysis. He has also described a new "payback era" for crypto, driven by capital discipline and shifting demand, but cautioned about potential turbulence ahead in another report. The latest technical commentary follows these prior views on market developments.

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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