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CryptoJuly 15, 2026 at 01:56 PM

Bitcoin's $80K Target: What's Next After Breaking $61K Support?

724FinanceBerk Arıcan

Bitcoin's $80K Target: What's Next After Breaking $61K Support?

Bitcoin (BTC) has stabilized at the $61K support level this week, potentially signaling a bullish reversal for the remainder of 2026. Crypto analyst Michaël van de Poppe noted that BTC/USD is defending 'critical' moving averages (MAs), suggesting further momentum is on the horizon.

■Key liquidity hurdles at $67K, where institutional orders are concentrated, could act as a resistance barrier if BTC breaks out.

■CoinGlass data indicates support between $63,500-$63,800, with a failure to hold this level risking a drop to $60K.

■QCP Capital suggested macro data and Fed decisions this week could boost Bitcoin, but Exitpump warned that the recent rally may fail to sustain above the 'value area'.

Markets must tread carefully: A breakdown below $61K could trigger a 2022-style bearish reversal, with $60K in focus as a potential psychological floor.