Bitcoin back at $78,000 as analyst flags bullish targets

The notable shift here is less the price level than the change in analyst positioning: a previously bearish voice turning constructive is the kind of sentiment pivot that can itself influence near-term flows, particularly among traders who track on-chain commentary. The wide spread between the $82,600 rebound call and the $120,000 bull-market target shows how loosely anchored current expectations are, which cuts both ways for conviction. Whether the $75,000-$78,000 zone holds as a re-entry base, and whether the roughly 40-day rebound thesis survives contact with actual price action, is the open question worth watching.