According to CoinMeta, Bitcoin price forecasting has once again become a focal point, with BTC absorbing liquidity below recent lows. Analysts Micha, van, de, and Poppe pointed out that if the market breaks through upwards, $82,700 will be the next target of attention. Cycle momentum indicators have turned positive after an eight-month bear market, and the inflow of stablecoins continues despite the weakness in BTC. van, de, and Poppe suggest that this absorption of liquidity may lay the foundation for an upward breakout, and it is very likely that Bitcoin will break through upwards after absorbing liquidity at these lows. This move has traders paying attention to whether Bitcoin can break through its recent trading range and continue to rise. An upward breakout will further support the $82,700 target. It should be noted that the price targets mentioned in this article are based on technical analysis and may not be able to accurately predict future market performance.