Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Analysis suggests bitcoin may surge towards the $80,000 target

Analysis suggests bitcoin may surge towards the $80,000 target

AIcoinAIcoin2026/03/04 12:22
Show original
On March 4, according to Cointelegraph, bitcoin rose 5.21% on Wednesday to around $71,900, breaking above the previous "bearish flag" upper trendline with increased trading volume. Analysts believe that $80,000 may become the target for this round of rebound. The CME gap remains unfilled at $79,660–$81,210, and 9 out of 10 gaps since August 2025 have already been filled. Traders usually regard this range as a high-priority target. If there is no significant selling pressure near $74,000 in the short term, the probability of bitcoin challenging $80,000 increases. Currently, the prediction market Polymarket estimates the probability of bitcoin breaking $80,000 in March has risen to 40%.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Power Root buys back shares for MYR 147,891.13

Power Root bought back 134,300 ordinary shares on Oct. 7, 2026, paying MYR 147,891.13. Purchases were priced between MYR 1.08 and MYR 1.12; all shares were retained as treasury stock. Treasury shares rose to 16,051,800, representing 3.78% of issued shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Root Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712895) on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 09:24

EPF Board trims IOI Corp stake, disposes 800,000 shares; holding at 18.651%

Malaysia’s EPF cut its stake in IOI Corp via the disposal of 800,000 ordinary shares on Oct. 2, 2026. EPF’s direct holding stood at 1,172,249,528 shares, equal to 18.65% of issued shares, following the transaction. The disclosure was dated Oct. 5, 2026, with the company receiving the notice on Oct. 7, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IOI Corporation Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712867) on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 09:21

Elon Musk reportedly contacts TSMC, Intel CEO Pat Gelsinger quickly responds: Terafab collaboration continues

Intel (INTC.US) CEO Patrick Gelsinger stated that the company will continue its collaboration with Elon Musk on the Terafab project.

智通财经•2026/10/07 09:08