Analysis shows that bullish sentiment for Bitcoin is heating up, and $80,000 may become the next target for this round of rebound

According to market news, Bitcoin rose 5.21% on Wednesday to around $71,900, breaking through the upper trend line previously regarded as a "bear flag," accompanied by increased trading volume that weakened the bearish structure. Analysts believe that $80,000 may become the next target for this rebound.

Currently, the gap at the Chicago Mercantile Exchange remains unfilled, located between $79,660 and $81,210, which has persisted since early February. Data shows that out of 10 gaps since August 2025, 9 have been filled, so traders typically view this range as a high-priority target. If there is no significant selling pressure near $74,000 in the short term, the probability of Bitcoin making a push towards $80,000 is increasing. Currently, the probability of Bitcoin breaking $80,000 in March on the prediction market Polymarket has risen to 40%.