Bitcoin must hold $75,500 to preserve bull market structure, Hilbert Group analyst says

Hilbert Group's Jesse Marre warns Bitcoin must hold $75,500 to preserve its bull market structure amid tight liquidity and Fed uncertainty. Bitcoin must hold above $75,500 to preserve the bullish market structure established since its summer lows, according to Jesse Marre, senior portfolio manager at digital asset investment firm Hilbert Group. In the firm’s October 26 weekly market update , Marre said Bitcoin faces a critical test after recording five consecutive daily declines, losing 5.4% over the week and briefly falling below $80,000. Bitcoin began last week trading near $84,800 before selling pressure across equities and rising oil prices pushed the cryptocurrency to a weekend low of approximately $79,200.

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