Are Bitcoin's 80,000, 120,000, and 300,000 still far away?

Author: Debashree Patra

Compiled by Deep Wave TechFlow

Original title: Bitcoin Sword: $80,000: Analysts Predict Breaking 120,000 Next Year and an Impact of 300,000 in 2030

Deep Tide Guide: Bitcoin rebounded strongly from around $63,000 to $75,401, and completed a 5.8-fold standard deviation increase within 48 hours, driving analyst Pierre Rochard to reaffirm his bullish roadmap — hit $80,000 in 2026, break through $120,000 next year, and $300,000 in 2030. In the short term, bear liquidation and downtrend line breakouts provide momentum, but whether the leverage-driven surge can be turned into continued spot demand will determine whether the larger goal is realistic.

Pierre Rochard's $80,000-$300,000 roadmap

Analyst Pierre Rochard (BitcoinPierre) expects Bitcoin to close around $80,000 in 2026. He believes that Bitcoin is not ready for a “parabolic rise,” but it is expected to break through $120,000 next year. In the longer term, he predicted that Bitcoin could reach $300,000 by 2030.

The key variables in this forecast are the Federal Reserve and the broader macro environment. Rochard believes that if the economy is weak enough to allow the Federal Reserve to cut interest rates without reigniting inflation, Bitcoin will benefit from improved liquidity. He also pointed out that artificial intelligence (AI) may improve macroeconomic prospects by increasing productivity and reducing inflation. In that situation, interest rate cuts will create a more favorable environment for risky assets such as Bitcoin.

$80,000 target refocused

Bitcoin's latest price trend has shown signs of regaining momentum. BTC climbed from around $63,000 to $75401 in less than 48 hours. Previously, buyers successfully defended in the $63,000 area. Notably, Bitcoin formed higher highs and higher lows.

This round of rebound was partly fueled by large-scale short liquidations. According to reports, as Bitcoin and Ethereum soared, around $14 billion to $17 billion of short crypto positions were liquidated, removing bearish leverage.

Glassnode indicated an unusual pattern of this fluctuation. They said that Bitcoin's jump from around $75,401 was a 5.8 times standard deviation (5.8 sigma) of its 30-day volatility — the biggest upward move since October 2023.

The last time Bitcoin closed at such a large daily rate was in February, which was only a rebound after a sharp drop of -14% the day before. And there's no crash to bounce back this time around — this is a 5.8 times standard deviation fluctuation compared to its own 30-day volatility, the biggest upward move since October 2023.

— Glassnode (@glassnode)

However, liquidation alone does not confirm the existence of sustainable spot demand.

On-chain analyst Onchain Insights said that Bitcoin has broken through the annual downward trend line resistance and recovered to the $70,000 range. If it continues to close above this structural resistance, it may indicate a weakening of selling pressure and further upward momentum.

Another analyst also said that short positions have limited resistance until $80,000, making it an important near-term target.

The BTC giant whale sells for $74,000 and $80,000. The gap between these resistances is very large.

— CW (@CW8900)

The probability of Bitcoin hitting $80,000 in August on the Polymarket rose to 13%, rising 9 percentage points within 6 hours. BTC would need to rise about 14% more from $71,000 to touch $80,000.

Can the $120,000 be recovered?

Rochard expects Bitcoin to easily break through $120,000 next year if the macro environment turns favorable. His long-term goal of $300,000 by 2030 reflects broader bullish arguments around liquidity, supply, and adoption.

His opinion was also supported by SkyBridge Capital CEO Anthony Scaramucci, who expected Bitcoin to surpass $100,000. He cited the halving cycle and the reduction in new supply as a basis.

Currently, $80,000 is a key immediate milestone. Whether Bitcoin can turn this leverage-driven surge into continued spot demand will determine how realistic Pierre Rochard's ambitious targets of $120,000 or $300,000 are.

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