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Bitcoin Price Prediction: Can BTC Escape $80K Before Fed Hike Risk Hits?

Bitcoin is holding around $77,300 this weekend, but a large concentration of selling between current prices and $80,000 is making the next breakout increasingly difficult.

CryptoRank

Publisher

Sep 12, 2026 at 5:27 PM UTC · Updated 2 days ago · 2 min read

Bitcoin Price Prediction: Can BTC Escape $80K Before Fed Hike Risk Hits?
Image via CryptoRank

Key Signal

539,000 BTC Long-term holder sales

Entities

bitcoin

Market Impact

BTC+1.64%$78,373

Last Updated

2 days ago

Bitcoin is holding around $77,300 this weekend, but a large concentration of selling between current prices and $80,000 is making the next breakout increasingly difficult.

CryptoQuant data cited by FXStreet shows long-term holders have sold roughly 539,000 BTC in 2026 between $77,100 and $80,200, creating a substantial overhead supply zone. Above that range, Bitcoin’s 365-day moving average near $81,700 has emerged as the next major technical test.

BTC is currently almost unchanged over 24 hours and down roughly 2.9% over seven days. Futures open interest remains elevated at about $51.9 billion, while approximately $183 million of Bitcoin positions were liquidated over the latest 24-hour period.

<iframe src=”https://widgets.coincodex.com/w/158c095e-d1e5-4b65-951f-cfb5442ebdb2?site=coinpaper&mode=light” width=”100%” height=”420” frameborder=”0” referrerpolicy=”no-referrer-when-downgrade” style=”border:0;background:transparent;border-radius:0px;”></iframe>$81,700 Could Decide Bitcoin’s Next Trend

Bitcoin has repeatedly struggled around $80,000 despite rallying from roughly $63,000 during August.

CryptoQuant identifies $81,700 as particularly important because Bitcoin has historically shown stronger bull-market behavior after reclaiming its 365-day moving average. A second valuation barrier sits near $83,600, meaning bulls may need to clear both levels before a larger recovery becomes convincing.

Market Context

Bitcoin

BTC

$78,438

+1.73% (24H)

Market Cap

$1.58T

Circulating Supply

20.1M BTC

24H Volume

$25.4B

24H High

$78,665

View Bitcoin Market Page

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