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Bitcoin is currently trading around $90,000, struggling to break past the $94,000 barrier. Market analyst KillaXBT notes the cryptocurrency is at a critical junction, with equal chances for bullish or bearish outcomes. A retest of the $94,000 level is anticipated, while a drop to $87,500 could occur if support at $90,000 fails. Consistent holding above $90,000 may signal market acceptance, potentially leading to another attempt at the $94,000-$95,000 range. If Bitcoin fails to create a higher high in the next 30 days, it could plummet to $75,000. Currently, it has a market cap of $1.8 trillion.

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