Bitcoin Price Needs a $78K Weekly Close or Things ‘Could Get Ugly’
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Bitcoin faces a critical technical test around a $78,000 weekly close, which analysts view as necessary to preserve bullish momentum. Failure to reclaim and hold that level could weaken market structure, increase selling pressure, and expose Bitcoin to a deeper correction. The outlook is therefore contingent on near-term price action, with downside risks rising if the weekly close remains below the threshold.
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