BTC Next Target: Heading to $80k!

Share IT

Bitcoin has slipped below the $60k mark, after testing all time high levels. A slight drop was expected after the btc halving, now a big rally looks to be on the cards.

In this article, we will discuss btc crypto price prediction, weekly analysis along with news roundup.

For on-demand analysis of any cryptocurrency, join ourย Telegram channel.

BTC Next Target

Bitcoin is currently trading at $59,125.93. This represents a slight uptick from the previous dayโ€™s trading, indicating a stable demand in the market.

Let’s have a look at the chart:

Btc Next Target

Following the script ๐Ÿค

Now the bulls are gathering steam for another epic rally.

Weekly Price Analysis

Bitcoinโ€™s performance over the past week has been marked by significant volatility. Despite this, Bitcoin has managed to climb above the $59,000 mark, showing resilience in a fluctuating market.

The RSI is above the oversold level and a small breakout can be seen from the falling wedge pattern.

Guaranteed Lowest Fees – Try Bybit

News Roundup

In recent news:

  • A crypto analyst has outlined a bull market price target for Bitcoin, suggesting that BTC is beginning to mirror its previous cycle.
  • The market experienced considerable volatility this week, with Bitcoin displaying dramatic price fluctuations.
  • Over the past decade, Bitcoinโ€™s growth has outshined tech giants like Amazon and Google, with a staggering 12,464% increase.

Market Sentiment and Future Outlook

The market sentiment for Bitcoin is cautiously optimistic. Analysts are watching for a repeat of the previous bull market pattern, which could indicate a significant price target for Bitcoin in the near future.


This article is for informational purposes only and does not constitute financial advice. Always consult with a financial advisor and conduct your own research before making any investment decisions.

For on-demand analysis of any cryptocurrency, join ourย Telegram channel.

Share IT
Harsh Panghal
Harsh Panghal

Can’t find what you’re looking for? Type below and hit enter!