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Home»Bitcoin»Can BTC price reach $80K level?

Can BTC price reach $80K level?

Bitcoin By Gavin01/04/2026
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Bitcoin Traders Are Betting Against the Rally, Will It Backfire?
Bitcoin Traders Are Betting Against the Rally, Will It Backfire?
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Michael Saylor’s Strategy (MSTR), which is a Bitcoin-focused company, looks to be relaunching its Bitcoin business.BTC) accumulation engine after a short pause, with its STRC preferred stock This week, it is likely that new crypto-purchases will be made.

The key takeaways:

  • The Strategy will buy at least $76.25 millions in Bitcoins this week.

  • Bitcoin could reach $80,000 by April if a combination of technical factors is used.

Buy at least 1 111 BTC in this week

STRC’s closing price on Tuesday was $100.02, which is just over its par value of $100. Strategy can issue more shares and raise capital if the price is above $100.

STRC Price and Volume Source: STRC.LIVE

Calculations from STRC.LIVE By Tuesday, Strategy raised more than enough money to purchase over 1,085 BTC. The weekly total is now 1,111 BTC. This is approximately $76.25million.

MSTR estimated weekly Bitcoin purchases Source: STRC.LIVE

It is an improvement from last week when STRC was mostly traded below par, and the stock generated a lot of revenue. no estimated BTC purchases.

According to the company, as of late March it held 762,099 BTC, with an average purchase price of $75,694. latest filings.

BTC is on the rise as Strategy reopens its buying window

Bitcoin has seen a price increase since the re-opening of the buying window.

BTC/USD has gained more than 5 percent since Tuesday and briefly reached nearly $69,000. The recent move is identical to earlier gains when Strategy actively raised capital by using STRC in order to purchase Bitcoin.

BTC/USD Weekly Chart Source: TradingView

Bitcoin grew by over 10% in the week that ended on March 15 despite low risk sentiment. Over the same period Strategy purchased 22,337 BTC worth about $1.57 billion.

After that, the opposite dynamics emerged. Bitcoin declined 14.55% during the two following weeks. The drop roughly matched Strategy’s stop in purchasing STRC as it fell below $100.

Strategy on March 23, 2019 unveiled a $44.1 billion capital-raising capacity To buy more Bitcoin through the sale of STRC or other preferred shares, showing that the demand for Bitcoin will remain strong in the next few months.

Stretch Dividend Rate to remain at 11.50% through April 2026 $STRC pic.twitter.com/8Jl0QlfNhK

— Michael Saylor (@saylor) April 1, 2026

Bitcoin is now worth $80K, after it bounced off flag support

Technically, Bitcoin began to rebound after it tested the lower limit of its bear flag pattern.

BTC might reach $80,000 near the top of the trendline in April, especially if there is a further recovery. easing Iran war tensions.

BTC/USD Three-day Price Chart TradingView

The upside target of $80,000 also coincides with the moving average exponential at 50 periods on the chart for three days, which makes the area an important near-term support zone.

Related: Bitcoin ETFs post $1.3B in March inflows, first monthly gain of 2026

Bitcoin, on the other hand, risks losing its lower trendline and the characteristic bearish breakdown of the pattern if these supportive catalysts disappear.

In that scenario, the measured downside target would come in near the $49,000–$50,000 zone. This is in line with the projected downside. shared by multiple analysts in the past.