Bitcoin Price Forecast: Whether BTC Can Reach $150,000 Remains to Be Verified
2026-08-31 18:15:58
According to CoinMeta, as reported by Coinpaper, the current price of Bitcoin is around $77,600, having fallen from above $80,000 recently. The market remains optimistic about both the short-term weakness and the long-term trend. The four-hour chart indicates a risk of prices dropping to $74,000, while the macroeconomic environment suggests that if Bitcoin can maintain its breakout range, it may restart its expansion towards six-figure levels. The current support level is around $77,000; if this level is lost, it could strengthen bearish sentiment and trigger a deeper correction. Market data shows that Bitcoin has stabilized at around $77,580 during Asian trading hours. Observers point out that $77,000 is a key support level, while $79,400-$80,800 represents an important resistance level.
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Source:Coinpaper
This content is for market information only and does not constitute investment advice.