{"id":246294,"date":"2026-11-01T05:57:23","date_gmt":"2026-11-01T05:57:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=246294"},"modified":"2026-11-01T05:57:23","modified_gmt":"2026-11-01T05:57:23","slug":"bitcoin-price-prediction-for-the-week-will-btc-reclaim-80k-or-dump-toward-70k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=246294","title":{"rendered":"Bitcoin Price Prediction for the Week: Will BTC Reclaim $80K or Dump Toward $70K?"},"content":{"rendered":"

Bitcoin\u2019s decline has accelerated into the $77K region after buyers lost the $80K support area. The price is now testing a major daily demand zone, while on-chain data shows it approaching the average cost basis of recent holders.<\/p>\n

Bitcoin Price Analysis: The Daily Chart<\/h2>\n

On the daily timeframe, Bitcoin has decisively broken beneath the ascending channel\u2019s midpoint. The sharp bearish move carried the price through $80K and into the highlighted $75K\u2013$78K demand zone, with BTC currently trading around $77.7K.<\/p>\n

This region supported September\u2019s advance, making it an important test for the broader recovery. However, the latest candles show only limited stabilization following the selloff. Holding demand could produce a relief bounce toward $78K\u2013$80K, but buyers would need to reclaim the broken midpoint around $81K to demonstrate a more meaningful improvement.<\/p>\n

The bearish continuation scenario remains favored while the price stays beneath these lost levels. A sustained breakdown below $75K would expose the channel\u2019s rising lower boundary around $72K\u2013$73K. Conversely, a strong response from demand and recovery above $81K would weaken the immediate bearish structure.<\/p>\n

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BTC\/USDT 4-Hour Chart<\/h2>\n

The 4-hour chart shows a sharp breakdown following another failed recovery beneath the broken ascending trendline. Bitcoin lost the $79.8K support boundary and quickly declined toward $76.3K before consolidating near $77.3K. The modest rebound suggests that buyers have slowed the decline without yet reversing momentum.<\/p>\n

The marked $74.9K\u2013$76.3K demand zone is the next immediate defense. A return beneath $76.3K would expose more of this region, while sustained acceptance below $74.9K would strengthen the case for further downside.<\/p>\n

On the upside, the recent consolidation around $78K\u2013$78.3K presents the first recovery hurdle. Beyond that, the highlighted $79.8K\u2013$81.9K zone now represents potential overhead supply. Until Bitcoin reclaims this area, rebounds remain vulnerable to forming another lower high within the ongoing correction.<\/p>\n

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Sentiment Analysis<\/h2>\n

The Realized Price UTXO Age Bands chart tracks the average on-chain cost basis of coins grouped by age. The latest decline has brought Bitcoin near the realized price of the 1-to-3-month cohort, which has risen sharply toward approximately $76K\u2013$76.5K.<\/p>\n

With the market price around $77.3K, these recent holders are approaching aggregate breakeven. This creates an important confluence with the technical demand zone around $75K\u2013$78K. A successful defense could help stabilize sentiment among this cohort, while a sustained move below its cost basis would place it in aggregate unrealized loss and could increase pressure on more sensitive holders.<\/p>\n

Meanwhile, the 6-to-12-month cohort\u2019s realized price has declined toward $84K\u2013$85K and remains above spot. This region could become an additional recovery hurdle if holders use a return toward breakeven to reduce exposure.<\/p>\n

For now, the approaching $76K\u2013$76.5K cost basis is the more immediate reference point. Its interaction with price could help distinguish a temporary correction into demand from a deeper deterioration, although realized price alone does not guarantee support.<\/p>\n

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The post Bitcoin Price Prediction for the Week: Will BTC Reclaim $80K or Dump Toward $70K?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s decline has accelerated into the $77K region after buyers lost the $80K support area. The price is now testing a major daily demand zone, while on-chain data shows it approaching the average cost basis of recent holders. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has decisively broken beneath the ascending […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-246294","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246294"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246294"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246294\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}