Bitcoin Price Forecast: Is BTC About to Stage 2026's Biggest Comeback?

Bitcoin Price Forecast:

What is Bitcoin's price prediction for this week?

This Bitcoin Price Forecast opens with the latest price action. BTC traded near $62,633 at the time of writing, up about 2% on the day.

The coin has climbed roughly 6.1% since June 30, putting it back on the radar of short-term traders heading into the U.S. holiday weekend.

That move came as the S&P 500 stayed flat, down just 0.2% over the same stretch, and gold rose 4.8%. Crypto, in other words, is finally playing catch-up.

Let’s discuss the bitcoin price prediction.

Asset

Change Since June 30

Bitcoin (BTC)

+6.1%

Gold

+4.8%

S&P 500

-0.2%

Why is Bitcoin's chart showing a buy signal right now?

As per Ali, three separate tools on the 12-hour chart are pointing the same direction right now.

Tom DeMark Sequential. A fresh buy countdown has printed near current levels. An earlier sell signal near $65,000 marked the recent local top, and a prior buy signal close to $58,000 lined up with the bottom of this pullback.

RSI divergence. The Relative Strength Index is forming a bullish divergence. Price made lower lows into late June, but RSI did not confirm that weakness, a pattern traders often read as fading downside momentum.

SuperTrend flip. The SuperTrend indicator has turned bullish, adding a third layer of confirmation to the same short-term setup.

If these signals hold up with real spot volume behind them, the next resistance target on the chart sits near $65,400, which lines up with the TD setup trendline from the recent sell zone.BITCOIN 3 BULLISH SIGNALS

What do Bitcoin futures and liquidation data show today?

Futures and options data give a mixed but generally constructive picture.

Metric

Value

24h Change

Market Cap

$1.25T

Futures Volume (24h)

$43.84B

-31.82%

Spot Volume (24h)

$3.24B

Open Interest

$47.31B

+2.74%

Options Volume

$4.10B

+1.44%

Options Open Interest

$27.65B

-3.15%

Long/short account ratios on major exchanges lean toward longs. Binance shows a ratio of 1.5063, OKX sits at 1.48, and Binance's top-trader accounts show 1.6448, though top-trader positions are more balanced at 1.2343.

Liquidations were heavy in the past 24 hours. CoinGlass data shows 69,322 traders were liquidated for a combined $241.15 million, with the single largest order an ETH/USDT short worth $10.09 million on Binance.Bitcoin CoinGlass Liquidation data

Will Bitcoin price reach $150,000 eventually?

Some voices on crypto social media argue the floor under Bitcoin is now much higher than the market wants to admit, with talk of $150,000 as a longer-term target and doubt that $30,000 to $40,000 prints again this cycle.

That view is a long-term thesis, not a guarantee. Short-term charts can and do disagree with longer-term narratives, and this week's bounce needs to hold above the low-$60K zone to be taken seriously as more than a relief rally.

For now, this Bitcoin Price Forecast points to a technical crossroads. The signals point up, the derivatives data is mixed, and sentiment is cautiously improving after weeks of ETF outflows and hesitant whales.

Disclaimer

This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and past performance does not guarantee future results. Always do your own research and consult a licensed financial advisor before making investment decisions.

Lokesh Gupta

About the Author Lokesh Gupta

Research Analyst at coingabbar.com

Lokesh Gupta started his journey in financial markets 23 years ago and never looked back. From Forex to Comex, NSE, MCX, NCDEX, and now Crypto — he has seen it all. He holds an MBA in Finance and over the last 4 years, Bitcoin, Ethereum, Solana, XRP, and trending coins have become his main focus. People who follow his work say one thing — he keeps it real. No fancy language, no unnecessary complexity. Just honest market research that helps you understand what is happening and why it matters to your money.

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