{"id":94917,"date":"2026-03-04T16:41:06","date_gmt":"2026-03-04T13:41:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94917"},"modified":"2026-03-04T16:45:22","modified_gmt":"2026-03-04T13:45:22","slug":"bitcoin-could-reach-80000-in-march-analyst-suggests","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-could-reach-80000-in-march-analyst-suggests\/","title":{"rendered":"Bitcoin Could Reach $80,000 in March, Analyst Suggests"},"content":{"rendered":"

Bitcoin may return to the $80,000 mark in March, according to Cointelegraph<\/a> analyst Yashu Gola. He identified technical factors indicating further movement of the asset.<\/p>\n

Breakout of the Symmetrical Triangle<\/h2>\n

On March 4, Bitcoin’s price surpassed $71,000<\/a>. The price broke through the upper line of a \u201cbearish pennant\u201d<\/span>. The breakout was accompanied by high trading volumes.\u00a0<\/p>\n

The symmetrical triangle formed in the range of $63,000 to $72,000. The technical pattern suggests a target around $80,000, where the 100-day moving average (EMA<\/a>) also lies.<\/p>\n

\"019cb84d-be88-759e-a44e-a39766bfec04\"
Source: Cointelegraph\/TradingView.<\/figcaption><\/figure>\n

The nearest resistance for Bitcoin is the 50-day EMA at $74,400. If buyers fail to hold this level, a correction to $68,700 (20-day EMA) is possible.<\/p>\n

\"019cb846-6134-7610-8f97-61970bb4f0bc\"
Source: Cointelegraph\/TradingView.<\/figcaption><\/figure>\n

Unclosed Gap on CME<\/h2>\n

The $80,000 target coincides with an unclosed gap<\/span> on the CME<\/span> futures exchange. The gap on the chart appeared in early February in the range of $79,660-$81,210 due to a weekend trading halt.<\/p>\n

\"019cb85e-8cda-76a4-8b14-a4ab3854c5e4\"
Source: Cointelegraph\/TradingView.<\/figcaption><\/figure>\n

Statistics show that nine out of the last ten “windows” have been closed. Traders view this area on the chart as the main target for price movement, Gola concluded.<\/p>\n

Bets on Polymarket<\/h2>\n

Users of the prediction platform Polymarket<\/a> have shifted to a bullish sentiment. The probability of reaching $80,000 in March increased from 20% to 39% within a day.<\/p>\n

\"Screenshot
Source: Polymarket<\/a>.<\/figcaption><\/figure>\n

The odds of Bitcoin rising to $75,000 jumped from 40% to 67%. Simultaneously, traders reduced bets on the asset falling to $65,000 and $60,000.<\/p>\n

Earlier, on March 3, Bitwise’s Chief Investment Officer Matt Hougan noted<\/a> that U.S. strikes on Iranian territory have turned cryptocurrencies into the “world’s main trading platform.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin may return to the $80,000 mark in March, according to analyst Yashu Gola. He identified technical factors indicating this.<\/p>\n","protected":false},"author":1,"featured_media":94918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin could reach $80,000 in March, analyst suggests.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1146,1148],"class_list":["post-94917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-market-forecasts","tag-polymarket"],"aioseo_notices":[],"amp_enabled":true,"views":"256","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin could reach $80,000 in March, analyst suggests.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94917"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94917\/revisions"}],"predecessor-version":[{"id":94919,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94917\/revisions\/94919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94918"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}