Killa Says Bitcoin Needs $75,500 Higher Low to Preserve 2023-Like Structure

Bitcoin (BTC) needs to form a higher low above $75,500 and confirm support after its current pullback to maintain a market structure similar to 2023, Killa said. Holding the low area near $80,000 would preferably strengthen that comparison, while a failure to establish a higher low and begin another advance could extend the decline below $80,000. Bitcoin’s 2023 structure began with a weekly higher high, followed by a retest that confirmed support within the trading range before a subsequent advance. The current setup depends on whether BTC can complete a similar support confirmation after its latest pullback.

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