MN Trading Capital founder Michael van de Poppe said Bitcoin risks facing a decline to $65,000 if it doesn’t hold at its current level of $73,000.

Bitcoin price needs to hold above $70,000 to avoid another downtrend leg toward yearly lows.

Bitcoin (CRYPTO: BTC) has dropped roughly $10,000 in recent weeks, falling from around $83,000 to near $73,000 after rejecting almost exactly at its 200-day moving ave