BTC price upside predictions include $68,000 within two weeks and up to $80,000 next month, contrasting with warnings of a 2022 bear-market rerun for the rest of 2026.
Bitcoin (BTC) may hit up to $80,000 by August, a new prediction says as data lays out key nearby BTC price levels.
In an X update on Wednesday, crypto trader and analyst Michaël van de Poppe said that BTC/USD was successfully defending “crucial” support.
“It’s holding the crucial level at $61,000 and flipping important MAs for support, indicating that there’s more momentum on the horizon,” he wrote, referring to moving average trend lines.
BTC/USDT one-day chart. Source: Michaël van de Poppe/X
Van de Poppe’s first target coincides with exchange order-book liquidity hurdles that price would encounter if it were to break out of its local range.
Updating X followers on whale orders, monitoring resource CoinGlass showed the area at $67,000 and above as key for the cohort. Support, meanwhile, sat principally between $63,500 and $63,800.
BTC/USDT 15-minute chart with whale orders. Source: CoinGlass
Others remained cautious, with declining spot-market volume causing suspicion about the strength of the latest gains.
“Wouldn’t get excited about this pump, this can easily end up being a failed auction above value area,” commentator Exitpump warned on Tuesday.
BTC/USDT perpetual contract one-hour chart. Source: Exitpump/X
Previously, trader and analyst Rekt Capital warned that July strength should reverse by August as Bitcoin repeats standard bear-market behavior.
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