Bitcoin gets new $80K August target: Watch these BTC price levels next

Summary

Bitcoin is holding near a key support zone around $61,000, with a bullish forecast calling for a move to $68,000 in 1–2 weeks and potentially $75,000–$80,000 by August if momentum continues. Nearby liquidity and whale-order data point to resistance around $67,000 and support around $63,500–$63,800. Some traders remain cautious because spot volume has weakened, raising the risk that the latest rise could fail above the current value area. Broader market participants say crypto still needs a strong macro catalyst, with upcoming U.S. inflation data and the Federal Reserve meeting seen as potential drivers. Lower-than-expected inflation data already helped push Bitcoin back toward $65,000, but conviction remains limited until stronger confirmation arrives.