Today’s Bitcoin liquidation is approaching $400 million and has pushed prices toward a critical 2-year support level maintained since 2023.
Bitcoin price prediction now points to a potential sweep of the $80,000 lows before a bullish reversal toward $100,000.
On-Chain Data Shows $81K as Critical Support
Data from Glassnode reveals Bitcoin’s True Market Mean, the average on-chain purchase price held by active market participants, stands near $81,000, serving as strong support during today’s 3.6% decline that sent prices below $86,000.
Crypto analyst Darkfost observed that inflows to Binance from “wholecoiners” (transactions exceeding 1 BTC) are collapsing compared to previous years.
The yearly average now sits around 6,500 BTC, a level not seen since 2018.
“What is particularly interesting is the trend these inflows have followed during this cycle compared to past ones.
Instead of increasing as they did previously, wholecoiner inflows to Binance have steadily declined, even as Bitcoin continued pushing higher,” Darkfost explained.
BTC demand on spot orderbooks currently sits at elevated levels, from $85,000 down to $80,000, suggesting continued downward pressure on the asset.
However, analyst Ted Pillows reveals that defending the $81,000 support could enable Bitcoin to target the next major resistance zone around $92,000-$94,000.
Bitcoin Price Prediction: Weekly Chart Shows Bearish Momentum Cooling
Bitcoin’s weekly chart displays clear momentum deterioration after failing to maintain above the $100,000 psychological resistance, which now represents the key threshold required to resume a sustained uptrend.
Price has since reversed and trades in the mid-$80,000 region, with sellers driving it toward a critical support band around $81,000.
The RSI has dropped into the mid-30s, indicating growing bearish pressure, but approaches levels where downside momentum typically begins slowing.
Source: TradingViewIf the $81,000 support maintains, the chart favors a short-term relief rally toward the $90,000–$95,000 region, with a larger move back toward $100,000 only probable if buyers reclaim that level on strong volume.
However, a decisive weekly close below $81,000 would bring the final bull-market structure support near $76,000 into focus, and losing that level would significantly increase the risk of a deeper corrective phase.
Pepenode Offers Investors 553% APY Ahead of 2026 Bull Run
If Bitcoin finally breaks the $100,000 level and starts climbing again, meme coins like Pepenode (PEPENODE) could see another explosive rally.
Pepenode is a new crypto project that’s already raised over $2.3million despite tough market conditions.
It’s a game where you can mine coins without needing expensive hardware setups.
You play the game in your web browser, set up virtual mining rigs, and upgrade your facilities to earn PEPENODE tokens.
The project is copying PEPE’s success strategy, which surged over 1,000x during the 2023-24 run when Bitcoin entered “up only” mode.
Now that more people are buying Pepenode’s mining rigs, the token price is expected to rise quickly.
To join the presale before the price increases:
Go to the official Pepenode website. Connect a crypto wallet like Best Wallet. Then buy PEPENODE tokens for $0.0011968 and pay with crypto, using ETH, or USDT, or use a bank card in just a few clicks. Visit the Official Pepenode Website HereThe post Bitcoin Price Prediction: BTC Nears a Break Below Key 2-Year Support at $81K — Can a Low Sweep Spark a Rally Back to $100K? appeared first on Cryptonews.
