Bitcoin Approaches $80,000 Milestone, HYPE Hits New All-Time High | Invited Analysis
The cryptocurrency market experienced a significant surge this week, with Bitcoin rising sharply by 26.72% to approach the key psychological level of $80,000, peaking at $79,515. Simultaneously, the token HYPE broke its all-time high, reaching $83.38. This rally has shifted market sentiment from widespread pessimism to active bullish positioning.
The article provides a technical analysis of both assets. For Bitcoin, the analysis details a multi-week corrective structure since October 2025, with the current price testing the upper boundary of a wide consolidation range between $57,820 and $82,850. The primary scenario anticipates a rejection near this upper resistance, leading to a pullback within the range (Path Two), though paths for a breakout or a breakdown are also outlined. On the daily chart, Bitcoin is analyzed as being in the final stages (wave c) of a five-wave rally from the July low.
For HYPE, the article recounts a successful bullish call initiated on February 23, which has yielded a maximum gain of 225.7% to date. With the price achieving a new all-time high, the analysis suggests the upward trend is intact, with the next target around $90.
The weekly strategy for Bitcoin involves waiting for a potential pullback to key support zones ($73,500-$75,000 or $67,300-$69,100) for short-term long opportunities, while maintaining a neutral medium-term stance. For HYPE, the strategy advises existing long positions to trail stop-losses, while new entrants could consider buying on a successful retest of the $77 support level. The article concludes with standard risk management rules and a disclaimer that the content is for informational purposes only and not investment advice.
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