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Bitcoin holds key $73,880 support, eyeing a potential rebound to $100,000 amid recent pullback.

Market News
29 Aug 2026
Coinpaper
View Source
Neutral
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Bitcoin recently pulled back to test a crucial support level at $73,880, which is seen as a key long-term threshold. Holding above this level could enable a recovery toward the $100,000 mark, according to MVRV pricing bands analysis. However, a deeper break below $73,000-$74,650 demand zone would weaken this outlook and shift focus to lower support levels. Short-term charts show Bitcoin breaking a rising channel, with potential support between $73,000 and $74,650, and a possible rebound toward $81,000 if it recovers above $79,000. Defending the $73,000-$74,000 region is critical for maintaining a bullish medium-term target around $100,000.

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