Can Bitcoin Rebound to $80K? Futures Data and a BARR Bottom Say It’s Possible

Bitcoin (BTC) may rebound toward $80,000 in February, based on futures liquidation data.

Liquidation Magnets Raise Bitcoin Bullish Reversal Odds

BTC’s weekend swings showed leverage trades getting wiped out.

On Saturday, BTC dipped below $68,000 and triggered about $420 million in liquidations as leveraged longs got forced out. On Sunday, BTC jumped above $72,000 and liquidated roughly $300 million in shorts.

By Monday, BTC fell below $69,000 again, wiping out another $100 million.

This pattern shows the market is moving between liquidation zones. The heatmap highlights a key downside pocket at $65,000–$68,000, making a quick sweep into that range possible if BTC stalls and long leverage builds again.

But the larger liquidity sits overhead. The $72,000–$80,000 band holds thicker liquidation levels than the downside, which often pulls the Bitcoin price higher as short sellers get squeezed and late shorts get forced out.

If BTC holds above the mid-$60,000s and avoids a bigger liquidation chain, futures positioning alone could help push price back through $72,000 and set up an $80,000 retest.

BTC BARR Bottom Setup Reinforces Bitcoin Price $80,000 Target

Bitcoin’s latest dip and rebound is starting to look like a BARR bottom, a common reversal pattern that forms after a sharp flush, a quick bounce, and a calmer retest.

BTC first broke down into the low 60,000s in what looked like capitulation, with heavy volume suggesting forced selling and leverage getting cleared out. It then rebounded fast toward the 69,000 to 70,000 area, a move that likely came from short covering rather than fresh spot demand.

Since then, Bitcoin has stopped trending lower and is consolidating while holding above the 65,000 to 68,000 support zone. That is the key retest phase in a BARR setup, where sellers lose control, and dips get absorbed.

The pattern is not confirmed yet because BTC still trades below its downtrend line and key moving averages.

But if price holds the mid–$60,000s and breaks back above 72,000, the thicker liquidity band between 72,000 and 80,000 could pull BTC higher and set up an $80,000 retest.