Bitcoin has surged past the critical $78,000 resistance level, confirming a major technical breakout and igniting a wave of bullish sentiment across the cryptocurrency market. A prominent analyst has now revealed the next key price target for the digital asset, suggesting a significant upward trajectory is imminent following the long-awaited breakout from its consolidation phase.

Next Bitcoin Target Revealed

The current geopolitical mayhem has left Bitcoin under the radar. With the US-Iran War, we witnessed a new use case for Bitcoin emerging, as BTC was regarded as one of the leading safe haven assets. Bitcoin has recently ended up claiming the $78K, brewing new hopes within the minds of investors. This development has led several analysts to come up with new price trajectories for Bitcoin.

Ash King, a notable expert, shared his new analysis on X, claiming how the asset might embrace a breakout momentum soon. King noted how Bitcoin may now end up claiming one of the two scenarios that he had mentioned in his post.

Starting with scenario one, Bitcoin briefly hit the $80K mark, proving how the current BTC rally is real and that it may soon target $86K to $90K as its next possible targets.

The second scenario is different. Ash King shared there might be a circumstance where BTC may once again encounter rejections at such levels, which may again push the asset to drop to $74K to $68K levels.

Two scenarios here

1) Bitcoin closes above $80k on daily and proves this rally and momentum is real and we see $BTC explode to $86k-$90k next

2) Bitcoin gets rejected from here and we see a sharp drop to $74k-$68k zone. pic.twitter.com/Zkm8psMaHl

Technical Perspective

According to CoinCodex BTC stats, Bitcoin may end up hitting a new high of $84K by April 30, 2026.