Bitcoin price due sub-$80K bottom this week, hints new Wyckoff forecast

Bitcoin (BTC) investors are bracing for heightened volatility as a recent technical analysis, leveraging the Wyckoff accumulation model, suggests a final capitulation event is imminent. The forecast indicates that BTC/USD must drop below the critical $80,000 support level sometime this week to successfully complete the ‘Spring’ phase of the accumulation structure, a necessary prerequisite for a sustained bullish markup.

Following several weeks of trading between $82,000 and $86,500, analysts believe the market lacks the necessary liquidity clearance to push higher. The Wyckoff Spring is characterized by a decisive break below established support to sweep stop losses and trap ‘weak hands’ into selling at the bottom of the range. The predictive model points toward a potential bottoming zone between $78,000 and $79,500 before a rapid reversal. If successful, this maneuver would confirm the current structure as a Phase C accumulation, setting the stage for a strong push into Phase D (Test) and Phase E (Markup) during the subsequent weeks.

Conversely, a failure to bounce decisively from the sub-$80,000 levels, particularly if the price breaks lower than $77,500, would suggest the Wyckoff structure is invalid or that the market is entering a Distribution structure rather than accumulation, signaling potential prolonged bearish pressure. Market participants are advised to monitor volume closely during the expected dip, as a high-volume sell-off followed by a swift recovery is the hallmark of a successful Wyckoff Spring event.

Source: Bitcoin price due sub-$80K bottom this week, hints new Wyckoff forecast