Can BTC Reach $100K?

Bitocin Price Prediction: Can BTC Reach $100K?

<a href="https://xpertsstudio.com/strategy-creates-1-59-billion-usd-cash-pool-to-buy-bitcoin/” title=”Strategy creates $1.59 billion USD Cash pool to buy bitcoin”>Bitcoin is holding near key short-term support as traders watch for a possible dip before the next move higher. A rebound from the $76,000 area could put $79,500 back in play and open the door to a run toward $82,700.

Bitcoin Faces a Key Test in the 80K-83K Zone

Bitcoin’s sharp rebound has pushed price back toward a major resistance area between roughly $80,000 and $83,000. Trader Zoran Kole expects that zone to hold during the first few tests, potentially setting up a pullback toward $73,000 before Bitcoin makes another attempt to move higher.

Bitcoin $BTC 80K-83K Resistance

The daily $BTC/$USDT chart shows Bitcoin trading around 77-60,000 area. Price has reclaimed the previous range high near $73,341, but the rally is now approaching a heavier resistance zone beginning around $79,424 and extending into the 80,000-83,000 region.

Kole expects sellers to defend that upper zone during the first couple of tests. The chart’s projected path shows Bitcoin briefly pushing into resistance before reversing toward the $73,000 area. That level is important because it closely matches the former range high. A pullback that holds there would turn previous resistance into support and could keep the broader recovery intact.

The bullish scenario therefore depends less on an immediate breakout and more on whether Bitcoin can maintain support after a retracement. If buyers defend the $73,000 region, another move toward $80,000 could follow. A clean break above the 80,000-83,000 resistance zone would strengthen the case for further upside, with the chart marking the CME gap near $84,270 as the next notable level.

However, a sustained move below roughly $73,000 would weaken this setup and increase the risk of a deeper retreat. The chart highlights additional reference levels near $67,855 and $62,345, although Kole’s stated outlook centers on Bitcoin spending the next several weeks in a broad 70,000-80,000 range.

That view points to continued two-way volatility rather than a straight-line recovery. For traders, the main signals to watch are whether $BTC rejects the 80,000-83,000 area as expected and whether buyers then step in around $73,000. Holding that support would keep another challenge of the upper range in play, while losing it would undermine the projected rebound structure.

Bitcoin May Retest Support Before Another Push Higher

Bitcoin could see a short-term pullback before resuming its advance toward the low-$80,000 area, according to trader Michaël van de Poppe. His chart outlines a scenario in which $BTC briefly dips into nearby support, then rebounds toward $79,500 and eventually challenges $82,700.

Bitcoin $BTC Short-Term Dip and $82,700 Upside Target

The 30-minute $BTC/$USDT chart shows Bitcoin trading near $77,183 after rebounding from support around $76,200. Price remains below a marked resistance level near $79,516, while the chart’s projected path first points lower before turning sharply upward.

Van de Poppe said he would not be surprised to see Bitcoin dip on Sunday evening before continuing higher during the coming week. On the chart, that pullback appears to target the area between roughly $76,400 and $76,900, placing the first test close to the $76,934 horizontal level.

A hold in that region would support the bullish scenario. Bitcoin would then need to reclaim the recent intraday highs and push through resistance near $79,516. The chart projects a move toward that level after the expected dip, making it the clearest near-term confirmation point for renewed upside momentum.

The setup also includes clear downside reference points. Support is marked near $76,200 and $75,779. If Bitcoin fails to hold those levels, the projected rebound would lose strength and the risk of a deeper correction would increase.

Van de Poppe highlighted the $74,000 region as a major area he would watch if the current structure breaks down. The chart marks support around $74,251 and $73,998, reinforcing that zone as the next important demand area below the current price.

For now, the scenario remains conditional. A shallow dip followed by a recovery above $79,500 would keep the $82,700 target in focus, while sustained weakness below the 75,800-76,200 support band would make a move toward $74,000 more likely before Bitcoin can attempt another advance.

Source: cryptonews.net