The post Bitcoin Price Prediction: Can BTC Still Reach New Highs in 2026? appeared on BitcoinEthereumNews.com.
Bitcoin hovered near $79,900 on Sunday, Sept. 6, leaving BTC within striking distance of a resistance area around $80,500 as traders assess whether the weekend rebound can extend. A rejection could send price back toward $78,500, while holding that support would keep a recovery toward $83,000-$84,000 in play. Bitcoin Faces a Key Test Near $80,500 Bitcoin’s short-term recovery is approaching an area where sellers could regain control, with $80,497 marked as the main resistance level before a possible pullback. Bitcoin BTC 80.5K Rejection Level. Source: Kaz (@XBTkaz) on X Kaz said the latest BTC advance has come on relatively low volume, while bids have appeared near $78,500. His base scenario calls for Bitcoin to test roughly $80,500 to $80,800 before potentially retracing toward the $78,500 area. The chart places $80,497 as the immediate rejection level. A failure to establish price above that threshold would support the case for another move lower, with $78,562 — marked as the monthly open — acting as the next important reference point. A broader demand zone extends below that level toward roughly $78,000. Kaz views that area as a potential location for continuation longs if buyers defend it. Under that scenario, a pullback would represent a reset within the recovery rather than confirmation of another sustained decline. The bullish case depends on support holding. A successful defense around $78,000-$78,500 followed by renewed buying would keep $83,000-$84,000 in view, according to Kaz. Conversely, a clean breakdown through the demand zone would weaken the projected continuation and leave BTC vulnerable to deeper support. Liquidity Builds Above Bitcoin as $78,000 Remains Important Bitcoin’s liquidity structure also shows significant concentrations above the current market, creating potential targets if BTC can push through nearby resistance. Bitcoin BTC Liquidity Clusters. Source: Kaz (@XBTkaz) on X The liquidation heatmap shows several dense…
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