The post BTC Price Prediction: Bitcoin Targets $85,000 Recovery by March 2026 appeared on BitcoinEthereumNews.com.

Iris Coleman
Feb 04, 2026 05:42

BTC Price Prediction Summary • Short-term target (1 week) : $79,300 • Medium-term forecast (1 month) : $82,000-$85,000 range • Bullish breakout level : $82,244 • Critical support : $…

BTC Price Prediction Summary • Short-term target (1 week): $79,300 • Medium-term forecast (1 month): $82,000-$85,000 range• Bullish breakout level: $82,244 • Critical support: $69,966 What Crypto Analysts Are Saying About Bitcoin While specific analyst predictions are limited for the current period, historical forecasts from major institutions remain relevant for long-term outlook. Standard Chartered previously projected Bitcoin could reach $135,000, while JPMorgan analysts suggested targets as high as $170,000 within 12 months in their December 2025 analysis. However, current market conditions require focus on immediate technical signals rather than extended forecasts. According to on-chain data platforms like Glassnode, Bitcoin’s current positioning suggests we’re in a critical accumulation zone that could determine the next major move. BTC Technical Analysis Breakdown Bitcoin’s technical indicators present a compelling oversold scenario at current levels. The RSI reading of 27.24 places BTC firmly in oversold territory, historically a strong signal for potential price rebounds. This extreme reading hasn’t been seen since major market bottoms in previous cycles. The MACD histogram sitting at exactly 0.0000 indicates we’re at a critical inflection point, with bearish momentum potentially exhausting. Bitcoin’s position within the Bollinger Bands tells an important story – at just 0.08 on the scale (where 0 represents the lower band), BTC is trading near the bottom of its recent range, suggesting limited downside from current levels. Key moving averages paint a clear resistance picture. The 7-day SMA at $79,343 represents immediate overhead resistance, while the 20-day SMA at $86,612 serves as a medium-term target. The fact that Bitcoin trades below all major…

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Filed under: News - @ February 4, 2026 11:26 pm