Bitcoin Price Eyes $90K as Weekly Breakout Signals Bull Run

Key Insights:

• The weekly Bitcoin price chart has turned bullish with a MACD crossover after 5 months.
• Analysts highlight $80K key resistance, and a breakout could trigger a move toward $90K.
• Falling Coinbase Premium signals weakening spot demand despite price rise.

After prolonged periods of uncertainty and volatility, it seems like the Bitcoin price has now started to show encouraging signals. From the perspective of market experts, the weekly chart may be signaling a possible turnaround.

Will Bitcoin Price Witness a Bullish Reversal?

Amidst rising global problems and uncertainties, the Bitcoin price has been under immense pressure in recent months. While the BTC crypto price has been experiencing some ups and downs, it has been trapped in a tight range. It has been unable to cross important thresholds.

At the time of writing, Bitcoin traded at $77,508, representing a slight fall of 0.24 percent in one day. On the other hand, there has been a rise of 10% in the value of BTC crypto over the last month.

However, trade volume is bearish, down 20% to around $30 billion over the past 24 hours. This indicates that investor sentiment is largely negative and that they remain reluctant to make any investment decisions at the moment.

Experts Believe Bitcoin Price Could Rally

Experts remain confident about the potential rally of Bitcoin price. In an X post today, analyst Ash Crypto stated that BTC has started looking strongly bullish on the weekly chart. He added that the price of Bitcoin is showing momentum after months of weakness.

According to Ash Crypto, BTC crypto is now gearing up for a possible breakout. He cited MACD as one of the key signals. The MACD has turned green and formed a bullish crossover after about 5 months.

BTC Price Analysis | Source: Ash Crypto

It indicates that the downside weight is starting to lose steam. It could mean that a possible reversal is forming. On the other hand, Bitcoin appears to be preparing for a major breakout from the prolonged downtrend that followed the October 2025 crash.

Uncovering Crucial Levels

A renowned analyst cites that $80,000 as a crucial level for BTC price. According to the expert, it will provide robust resistance. BTC requires a solid break above this point to show that bulls are in charge. In that case, BTC is likely to push further up towards a bold $90,000.

On the contrary, failure at this level means that the cryptocurrency will return to its weakness. It may even retest lower price ranges if this happens, prolonging its bearish period.

There are many positive macro and technical drivers that are currently pushing prices higher. They include record-high stock levels, declining geopolitical risk, technical bullish signals from various indicators, and more. Finally, Bitcoin is still undervalued after its recent pullback.

On the other hand, risks remain. Sudden geopolitical shocks, unexpected political statements, or a sharp drop in stock markets could quickly reverse sentiment. Crypto is still highly sensitive to macro headlines, which means volatility can return at any time.

Overall, the Bitcoin price is at a key decision point. The next weekly close could decide whether the market enters a strong bullish phase or falls back into deeper consolidation.

Bitcoin Price Up, But Coinbase Premium Weakens

Meanwhile, analyst Ted shared a different analysis of the Bitcoin price. According to him, the price of Bitcoin is still pushing higher. But not all underlying signals are confirming the strength of this move. He noted that the Coinbase Bitcoin Premium is trending lower.

Bitcoin Price Chart | Source: Ted

Coinbase Premium is a measure of US spot demand. An increase in it indicates strong buying pressure from spot market players. When Coinbase Premium declines amid rising prices, it is a signal that other factors, such as derivatives or weak demand, may have driven the price rise.

As Coinbase Premium is now low, it indicates lower demand in the spot market. In this regard, the price rally may face challenges without improvements in spot inflows.

The post Bitcoin Price Eyes $90K as Weekly Breakout Signals Bull Run appeared first on The Coin Republic.