Bitcoin briefly touched the $81,000 level on Tuesday after surging nearly 1.2% in the day’s trade. The last BTC touched $80,000 was in January and remained trading between $65,000 to $75,000. The increase in value is bringing a sense of optimism in the market, with bulls aiming for a higher price. BTC experienced high volatility this year due to the tensions in the Middle East and the oil price surge.
Avinash Shekhar, Co-Founder and CEO of the cryptocurrency exchange platform Pi42, predicts that Bitcoin could reach a high of $85,000 to $90,000 if it holds on to the momentum.“Bitcoin is trading above the $80,000 level, testing a key psychological resistance after recently reclaiming it for the first time in three months,”he said.
“From a technical standpoint, sustaining above the $80,000 level is critical to confirm a breakout,”he said.“A strong close above this zone could open the path toward the $85,000–$92,000 range,”Shekhar predicted. However, he cautioned that if Bitcoin fails to hold on to the momentum, the leading cryptocurrency could enter a phase of consolidation.“While failure to hold may result in continued consolidation as traders hedge positions and await clearer directional cues.”
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The key for Bitcoin to rise hereon will be based on how it sustains at the $80,000 level. This can make or break investments, as the next few days will decide BTC’s direction.“For investors, this phase reflects a market at a pivotal point, where strong momentum may be tested by profit-taking and shifting capital flows. While the broader trend remains constructive, confirmation above $80,000 will be key in determining whether Bitcoin can extend its rally in the near term.”
Bitcoin had reached an all-time high of $126,080 in October 2025, and never reclaimed the position. Bulls are aiming to push BTC above the $100,000 mark, but the cryptocurrency is struggling to reach there. The conflict in the Middle East is among the reasons for the decline in value.“Geopolitical developments, particularly renewed US–Iran tensions, are also contributing to intermittent volatility. Market participants remain watchful of these external triggers, which may influence short-term sentiment and positioning,”he said.
Source: Watcher Guru