Bitcoin Holds Above $80K, Expert Sees Further Upside Ahead

Bitcoin has held above $80,000, and some crypto commentators believe this is more than just a short-term relief rally.

The setup points to further upside rather than a retest of the $58,000 lows that some traders had feared.

An expert set a short-term Bitcoin target of $83,000 to $84,000 in the coming days, framing the run-up to the CLARITY Act vote as a period where he expects continued upward pressure. However, he acknowledges that the vote itself could still trigger a sell-the-news reaction.

Altcoins such as Hyperliquid and Solana have also gained momentum, with Hyperliquid hitting a new all-time high and trading above $100 eventually being seen as a long-term possibility.