$75k isn't impossible but it's early for that. We all saw bitcoin touched more than $58k recently so it's realistic to assume it's not going lower than $50k soon. Possibly $60k is the next realistic target but can it's price be stable when it gets there ?
It wasn't a surprise because bitcoin was close to $50k price for a couple of weeks but will it be stable there ?
During the next week will the price be heading downward because of sellers making profits or is it going upward when the next price to generate media interest will be $75k ?
It's difficult work out if it's going to stay stable at $48k to $50k
I don't know if we're going to goto $75K price zone because it looks far-fetched for now. With regards to the current rate of $45k to $48K, I do think that it is sustainable because we have more buyers than sellers in the market and majority of the market participants are bullish long term. It's also clear that there is growing interest in people interested to buy bitcoin would keep the price afloat at this price level. So i expect this price to be sustainable for a large part of the bull run or possibly even above $50K.