Will Bitcoin be at or above $78,250 on Aug 26?
Signal ended
Entry · YES54¢
PublishedAug 26
Aug 26 forecast
Multiple August 26 spot and reference quotes sit above the cutoff, so bitcoin at or above $78,250 on August 26 is likely.
Independent spot and benchmark readings on August 26 cluster near $79,000, above the required level, and futures point to a similar price. Recent investment inflows and falling Treasury yields support demand. The main uncertainty is unusually sharp volatility: bitcoin has already traded below the cutoff intraday, while stretched momentum and scheduled economic releases leave room for another abrupt reversal.
Points to YES
- Bitcoin's current spot level leaves a modest cushion over the cutoff, raising the chance that the relevant August 26 observation qualifies.On August 26, Bitget displayed bitcoin at $79,113.54.
- A separate real-time benchmark corroborates the above-cutoff spot reading, reducing the chance that support rests on one venue alone.At 04:29:01 GMT on August 26, the Nasdaq Bitcoin Reference Price Real-Time Index stood at 79,002.88.
- A continuing run of spot-bitcoin fund inflows supports fresh buying that can absorb sales and help bitcoin remain above the cutoff.On August 25, a six-day run of U.S. spot-bitcoin ETF inflows reached $2.26 billion after a $338 million daily inflow.
Points to NO
- Bitcoin has already crossed below the cutoff intraday, showing that the current cushion can disappear during ordinary volatility.On August 26, the CME CF Bitcoin Real-Time Index recorded a low of $77,853.30 and a high of $79,233.40.
- Stretched short-term momentum increases the risk of profit-taking that could push bitcoin back through the nearby cutoff.On August 25, bitcoin's daily RSI reached 82.93, its highest level since November 2024.
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