Bitcoin Price’s Rise To $80,000 Requires 8% Rise: Can BTC Make It?

Source Beincrypto

Bitcoin has surged to a month-and-a-half high, reigniting bullish sentiment across the crypto market. The advance has been underpinned by meaningful support from long-term holders, whose conviction has provided structural stability throughout the recovery. 

Whether this momentum can extend toward $80,000 now depends on sustaining the current technical and on-chain tailwinds.

Bitcoin’s Losses Are Declining

Bitcoin’s Net Unrealized Profit and Loss metric has improved from -26.6% to -21.9%, marking a continued reduction in paper losses across the market. While the reading remains in negative territory, the directional improvement signals easing financial stress among holders. 

Each incremental NUPL recovery brings the market closer to a neutral positioning that historically supports sustained BTC price advances.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Bitcoin NUPLBitcoin NUPL. Source: Glassnode

This gradual improvement in holder positioning reflects a market that is healing rather than deteriorating. Reduced unrealized losses mean fewer participants are under pressure to sell at a discount. As NUPL continues trending toward zero, the demand environment becomes progressively more favorable for Bitcoin’s next leg higher.

Bitcoin’s Liveliness metric has been declining for the past month, a development that has played a crucial role in supporting the current recovery. Falling Liveliness indicates that long-term holders are accumulating rather than spending their Bitcoin. This behavior reduces available circulating supply and creates upward price pressure over time.

Liveliness is now at a four-month low, presenting one of the most compelling bullish signals in Bitcoin’s current on-chain condition. LTHs are widely regarded as the backbone of Bitcoin’s market structure, and their sustained accumulation behavior historically precedes significant price appreciation. This metric reinforces the case for continued upside in the sessions ahead.

Bitcoin LivelinessBitcoin Liveliness. Source: Glassnode

BTC Price Rise To $80,000 Next

Bitcoin is trading at $73,915, holding around the $74,000 support level. A confirmed position above the 50-day exponential moving average represents one of the most significant technical recovery signals BTC has generated in recent months. This EMA reclaim shifts the short-term trend structure decisively in favor of bulls.

Bitcoin Price Analysis.Bitcoin Price Analysis. Source: TradingView

With $75,000 in sight, the next major target sits at $80,000, approximately 8% above current prices. Bitcoin already posted an 8% gain over the past week, demonstrating the momentum capacity required for that move. Sustained bullish conditions could realistically deliver an $80,000 test before March concludes.

Bitcoin MFIBitcoin MFI. Source: TradingView

The Money Flow Index, climbing above 73.5, has historically triggered reversals for Bitcoin. A push above 80.0 would confirm overbought conditions, potentially pulling BTC back toward $70,552 and invalidating the $80,000 target entirely.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Surging Over 20%. Ethereum Crushing Bitcoin, What Does This Really Mean?Ethereum has surged over 20% in the past eight days, far outpacing Bitcoin's gains, suggesting that capital is favoring more volatile altcoins.On March 17 (GMT+8), the crypto market ralli
Author  TradingKey
7 hours ago
Ethereum has surged over 20% in the past eight days, far outpacing Bitcoin's gains, suggesting that capital is favoring more volatile altcoins.On March 17 (GMT+8), the crypto market ralli
placeholder
Gold rises on Middle East tensions; inflation fears temper rate cut bets and cap gainsGold (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks follow-through and remains close to an over three-week low, touched the previous day.
Author  FXStreet
12 hours ago
Gold (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks follow-through and remains close to an over three-week low, touched the previous day.
placeholder
AUD/USD rebounds ahead of RBA rate decisionAUD/USD gained around 1.25% on Monday, bouncing from last week's lows to settle around 0.7070. The pair has been in a choppy range since peaking near 0.7190 in early February, with price pulling back repeatedly toward the 0.7000 area before recovering.
Author  FXStreet
15 hours ago
AUD/USD gained around 1.25% on Monday, bouncing from last week's lows to settle around 0.7070. The pair has been in a choppy range since peaking near 0.7190 in early February, with price pulling back repeatedly toward the 0.7000 area before recovering.
placeholder
Bitcoin Price Forecast: BTC extends gains after third consecutive week of ETF inflowsBitcoin (BTC) extends gains, trading above $73,000 at the time of writing on Monday, following a bullish breakout from the consolidation pattern it had been trading since roughly the past six weeks.
Author  FXStreet
Yesterday 10: 38
Bitcoin (BTC) extends gains, trading above $73,000 at the time of writing on Monday, following a bullish breakout from the consolidation pattern it had been trading since roughly the past six weeks.
placeholder
Breaking: Gold falls below $5,000 as oil-driven inflation fears weighGold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran. 
Author  FXStreet
Yesterday 01: 17
Gold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran. 
goTop
quote