Bitcoin Price Prediction: BTC at Key Support Amid $78K–$80K Target

TLDR

• BTC swept sell-side liquidity and found support inside a key high-timeframe demand zone.
• Price remains corrective, forming lower highs beneath untested overhead resistance levels.
• Range support near mid-$74K shows demand, but bias stays neutral without a reclaim.
• Holding long-term support preserves bullish structure; a breakdown risks deeper weakness.

Bitcoin (BTC) price is trading at a critical technical juncture after a sharp sell-off pushed the market into a major support zone. Multiple analysts highlighted elevated volatility, liquidity sweeps, and range-bound behavior shaping near-term conditions. The charts suggest that reactions around support will determine whether the price stabilizes toward the $78,000–$80,000 zone or remains corrective.

Bitcoin Price Hits Liquidity Support After Weekly Low

According to analyst Lennaert Snyder, the Bitcoin price recently printed a new weekly low after sweeping liquidity beneath prior local bottoms. Price found temporary support inside a high-timeframe liquidity zone, indicating forced liquidations rather than sustained distribution. Such downside sweeps often occur during volatile corrections, where leverage is flushed from the system.

SOURCE: X

Structurally, the market is now trading below a key intraday range. Several overhead liquidity resistance levels remain untested, marking zones where trapped buyers may exit on rebounds. These levels are likely to cap upside attempts unless reclaimed with strong momentum.

Snyder outlined two primary scenarios. Bitcoin price may consolidate beneath resistance while volatility compresses, or it could revisit deeper liquidity within the same support zone. In both cases, directional clarity depends on how price reacts around this high-timeframe zone, keeping short-term bias uncertain.

Bitcoin Price Range Reaction Signals Corrective Structure

On the other hand, according to analyst Crypto Tony, Bitcoin’s reaction within a defined horizontal range provides further context. BTC price rebounded sharply from the lower boundary near the mid-$74,000 zone, signaling active demand at support. This bounce suggests that downside momentum has paused, at least temporarily.

SOURCE: X

Despite the rebound, the broader structure remains corrective. The market continues to form lower highs below range resistance, indicating that sellers are still defending overhead levels. Each recovery attempt has lacked follow-through, reinforcing range-bound conditions.

Moreover, the analyst noted that reclaiming the upper boundary of the range is required to shift the short-term bias. Until that occurs, Bitcoin price could rotate between support and resistance, with both upside and downside liquidity still active.

BTC Price Tests Major Long-Term Support Zone

Furthermore, analyst Cyril’s weekly chart highlights a major structural support test with long-term implications. This zone aligns with the former 2021 cycle high and the 2024 breakout ZONE, making it a historically significant demand level. Bitcoin is now retesting this region after failing to hold higher prices.

SOURCE: X

From a market structure perspective, holding this support is critical for preserving the broader bullish cycle. A sustained defense would frame the pullback as corrective within a larger uptrend. In contrast, a decisive weekly close below this level would signal deeper structural weakness.

Volume behavior provides additional insight. Sell-side volume has not expanded aggressively compared to prior distribution phases, suggesting long-term participants may be absorbing supply. As noted by Cyril, maintaining strength at this level is essential for Bitcoin price stability as the market searches for direction.

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