Latest Update
8/9/2026 4:52:00 PM

Bitcoin: 8x Rally to 126k Without Retail Fuels Next Run

Bitcoin: 8x Rally to 126k Without Retail Fuels Next Run

Bitcoin: 8x from 16k to 126k despite absent retail sets stage for next bull market as price holds $65237.94 with EMA50 support at $64485.83.

Source

Analysis

Bitcoin delivered an 8x surge from 16k to 126k between 2023 and 2025 even as retail stayed sidelined, according to @Andre_Dragosch, underscoring the absence of a classical bull market and priming conditions for the next leg higher.

Price at $65237.94 sits inside Bollinger bands with upper resistance at $65432.32 and lower support at $64266.47; the 50-EMA at $64485.83 and 200-EMA at $63747.0 act as layered supports while RSI at 63.75 stays neutral and MACD at 230.97 prints a death cross, pointing to a probable healthy retracement toward the 50-EMA before continuation in this BTC price prediction environment.


André Dragosch, PhD | Bitcoin & Macro

@Andre_Dragosch

European Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.