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. In market research issued on Monday, trading company QCP Capital suggested that a macro “catalyst” could be all that was needed to propel crypto higher. Related: Bitcoin bear market will bottom when two-month RSI metric hits zero, trader predicts As Cointelegraph reported, the coming days will see the release of key US inflation data prior to the Federal Reserve’s decision on interest-rate changes at the end of the month. Tuesday’s data came in below expectations, helping to send Bitcoin back toward $65,000.