Bitcoin Price Prediction: Can BTC Get Back Over $80,000?

Today’s Bitcoin price prediction has BTC trading at $79,500, up around +1.1% over the past 24 hours, as the coin’s late-August grind between $78,000 and $81,000 stretches into another week.

That sideways chop is the entire story right now, and according to BitMEX co-founder Arthur Hayes, it’s not just a mid-cycle pause; it’s a structural problem for the largest corporate bitcoin holder on the planet.

Hayes argues on Laura Shin’s Unchained Podcast that Strategy Inc.’s decade-old playbook, sell shares at a premium to net asset value, buy more bitcoin, repeat, breaks down the moment BTC stops accelerating, even without a price crash.

With Strategy’s enterprise mNAV compressed to roughly 1.01x and diluted mNAV near 0.74x as of August 27, the company now trades close to the raw value of its 840,447 BTC holdings, leaving almost no premium to fund another buying cycle.

Bitcoin briefly topped $81,000 on August 25 before easing back, a pattern that’s reviving debate over whether this rally still has legs. Recent technical coverage suggests the answer hinges on a handful of key levels playing out over the next few sessions.

$BTC took out the 80.8K PDH and shows a little rejection again.

This rejection left a big wick on the 1H/4H, I'm personally looking to fill that wick.

So the only potential setup I see for today is a scalp-long towards the 50% wick fill at around 81K.

Statistically speaking,… pic.twitter.com/CVNG6SOSLV

At $79,649.68, Bitcoin sits in a tight band that’s defined the past several sessions, with seven-day gains still running near 9.7% despite Thursday’s pullback.

Resistance stacks up at $81,121 first, then a heavier shelf at $82,500–$84,700, with $87,500 marking the next major ceiling if momentum resumes. Support sits at $78,720, then $75,604, with a broader moving-average cluster at $65,800–$68,300 forming the base of the summer breakout.

The bull case: a clean break above $81,121 opens the door to a run toward $84,700, especially if dollar weakness persists and Treasury actions keep bond yields contained.

The base case: continued consolidation between $78,000 and $81,000 while the market digests Strategy’s mNAV squeeze and broader macro data.

The bear case: a breakdown below $75,604 support, which would invalidate the current bullish structure and likely trigger a retest of the $68,000 zone.

Options positioning around key strikes, detailed in recent Deribit expiry analysis, adds another layer of near-term volatility to watch.

Holders sitting on positions from the summer breakout are still up double digits over the month, no complaint there. But buying Bitcoin at $79,649 for outsized returns is a different bet than it was a year ago; the asset’s $1.5 trillion-plus market cap means even a run to $100,000 is “only” 25% upside from here.

That math is exactly why traders scanning for asymmetric exposure keep circling back to Bitcoin’s own infrastructure layer, where the growth curve looks nothing like the base chain’s.

Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with Solana Virtual Machine integration, aiming to deliver smart contract execution faster than Solana itself while settling back to Bitcoin’s base-layer security.

The presale has raised $33,087,186.94 at a current token price of $0.0136853, with staking APY available for early participants. Its Decentralized Canonical Bridge targets one of Bitcoin’s oldest complaints: capital stuck earning nothing because the base chain can’t run smart contracts.

Not financial advice. Crypto markets are highly volatile and presale tokens carry elevated risk. Always do your own research before investing.

The post Bitcoin Price Prediction: Can BTC Get Back Over $80,000? appeared first on Cryptonews.