Bitcoin Price Prediction: Will Bitcoin Hit $80K and Surpass $120K?

Bitcoin’s sharp rebound has put the $80,000 target back in focus. Analyst Pierre Rochard expects $BTC to end 2026 around this level. He believes it will make a much bigger move next year.

Rochard believes Bitcoin is “not quite ready for a parabolic run” yet. However, he expects it to finish the year near $80,000. He also expects Bitcoin to surpass $120,000 next year. By 2030, Rochard says it could potentially reach $300,000.

BitcoinPierre’s $80K-$300K Forecast

According to him, it depends heavily on the Federal Reserve and the broader macro environment. He argues that if the economy softens enough for the Fed to cut interest rates without reigniting inflation, Bitcoin could benefit from improved liquidity.

He also sees AI potentially helping the macro picture by increasing productivity and bringing inflation lower. In that scenario, rate cuts could create a stronger environment for risk assets such as Bitcoin.

Bitcoin’s latest price action is already showing signs of renewed momentum. $BTC climbed from roughly $63,000 to $75,401 in less than 48 hours. This came after buyers defended the $63,000 area. Importantly, Bitcoin formed a higher high and higher low.

$80K Comes Into Focus

The rally was partly accelerated by a major short squeeze. Around $1.4 billion-$1.7 billion in crypto short positions were reportedly liquidated as Bitcoin and Ethereum surged, clearing bearish leverage.