Bitcoin Price Analysis: Can BTC Clear $80K This Week?

Bitcoin price analysis today shows the asset is trading at $77,552.01, up a modest 0.19% over the past 24 hours, as the market digests one of its sharpest weekly moves in months.

That flatline masks a much bigger story underneath: a rally that’s added over +22% in seven days and left traders arguing over whether the next leg is $89,000 or a sharp retrace back toward $65K.

The move traces back to more than $2.7Bn in bearish bets getting liquidated across crypto markets this week, with over $1Bn in BTC shorts wiped out in roughly an hour as price punched through $69,500.

Reuters tied the surge to Treasury support for long-duration bond buybacks alongside President Trump’s push for the Clarity Act, a regulatory signal that’s clearly repricing risk appetite for digital assets.