Bitcoin Reclaims $80,000: Road To $100k Explained

Bitcoin’s (BTC) price has reached $80,000 again for the very first time since the end of January 2026. According to CoinGecko data, BTC’s price has surged 2.7% in the last 24 hoursLet’s discuss why Bitcoin (BTC) is rallying today, as well as how the asset could reclaim the $100k mark. Discuss why Bitcoin (BTC), the digital asset, is rising today and what it could do to reclaim its $100k price.

Why is the asset rallying happening?

Bitcoin’s latest rise could be attributed to ETF purchase. According to Farside InvestorsBlackRock’s IBIT Bitcoin ETF bought BTC worth $284.4 Million on May 2, 2020. The European ETP of the largest asset manager in the world, BlackRock, has $1.1 billion under management and holds around 4200 BTC. BlackRock’s recent buying spree has likely boosted the confidence of investors.

A potential Clarity Act passing later in this month is another reason why Bitcoin’s price could rise. A surge in crypto adoption could be triggered by more clarity on the regulatory side of things. This would push up prices.

Bitcoins’ Road to $100k explained

Bitcoin (BTC), last trading above $100k, was in November. Early 2026 saw the price of bitcoin plummet. However, since then it has recovered slightly. BTC has made a remarkable recovery, but it is still a long way from its all-time high. BTC reached an all-time peak of $126.080 in 2026 but since then has fallen 36.4%.

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Bitcoin (BTC), which was trading at a price of $78,000 to $79,999, faced significant resistance. BTC has a much greater chance to reach $100k after reclaiming $80,000. Depending on how the asset performs, it may reach $100k by this month. BTC could be helped by consistent ETF flows.

Investors who purchased Bitcoin (BTC), at a low price, may be able to book profits. This could cause another correction in price. The US-Iran War could escalate again, which would also cause a dip in the market.