---
title: "Bitcoin price targets $78K as BTC holders defend 'strongest near-term support'"
url: https://thecoingazette.com/bitcoin-price-targets-78k-as-btc-holders-defend-strongest-near-term-support/
date: 2026-05-31
modified: 2026-05-31
lang: en
author: "Coin Gazette Editorial"
description: "Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target."
categories:
  - "Uncategorized"
tags:
  - "Markets"
word_count: 26
---

# Bitcoin price targets $78K as BTC holders defend 'strongest near-term support'

![Bitcoin price targets $78K as BTC holders defend &apos;strongest near-term support&apos;](https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9zd2luZy1wcmljZS1tYXJrZXQtYnRjLWJpdGNvaW4tMi5qcGc=.jpg)

Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target.