Bitcoin Price Forecast: Potential Rebound to $80,000

Author: Yashu Gola

Published: February 10, 2026

Key Insights

• Recent market volatility led to approximately $420 million in long liquidations and $300 million in short liquidations over the weekend.
• A significant downside liquidity pocket exists between $65,000 and $68,000.
• The largest liquidation band overhead is identified in the $72,000 to $80,000 range.

Market Dynamics

Bitcoin (BTC) is showing signs of a potential rebound towards $80,000, driven by futures liquidation data. The recent weekend saw significant price swings, with BTC dipping below $68,000, triggering massive liquidations of leveraged long positions. Conversely, a subsequent rise above $72,000 led to the liquidation of short positions.

Liquidation Patterns

The observed pattern indicates that the market is oscillating between liquidation zones. A heatmap analysis reveals a critical downside pocket at $65,000–$68,000, suggesting a possible quick sweep into this range if BTC stalls and long leverage builds up again. However, the larger liquidity concentration is found above, particularly in the $72,000–$80,000 band, which could drive prices higher as short sellers are squeezed out.

BARR Bottom Setup

Bitcoin's recent price action resembles a BARR bottom, a reversal pattern characterized by a sharp decline followed by a quick bounce and a calmer retest. After a significant drop into the low $60,000s, which appeared to be a capitulation phase, BTC rebounded towards the $69,000 to $70,000 range, likely due to short covering rather than new demand.

Current Market Position

As of now, Bitcoin is consolidating above the $65,000 to $68,000 support zone, which is crucial for the BARR setup. The pattern remains unconfirmed since BTC is still trading below its downtrend line and key moving averages. However, if BTC can maintain its position above the mid-$60,000s and break back above $72,000, the thicker liquidity band between $72,000 and $80,000 could propel BTC towards an $80,000 retest.

Conclusion

In summary, Bitcoin's price dynamics suggest a potential bullish reversal towards $80,000, contingent on maintaining support levels and overcoming key resistance. Traders should monitor liquidation patterns and market sentiment closely as these factors will play a critical role in Bitcoin's price trajectory in the coming weeks.