Bitcoin’s rebound from a key support level could open the door to more gains, with historical data suggesting a possible move toward $78,000.

Bitcoin dip buyers put $500 million in bids in the $72,500 to $68,500 price range. Will they be filled or is BTC heading back toward $75,000?

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’s rebound from a key support level could open the door to more gains, with historical data suggesting a possible move toward $78,000.

Bitcoin (CRYPTO: BTC) is falling behind the AI trade, with a bounce around $71,000 being key for long-term market structure, according to analysts.