Will Bitcoin be at or above $78,000 on Sep 4?
Signal ended
Entry · NO54¢
PublishedSep 3
Sep 3 forecast
Weak spot demand and repeated rejection near $78,000 weigh on momentum, so Bitcoin settling at or above $78,000 on September 4 is a meaningful underdog.
The settlement-basis price is $77,821.70, only 0.23% below the threshold, leaving a modest rally sufficient for YES. However, recent dips toward $76,000, weakening spot demand and selling around $78,000 suggest buyers may struggle to sustain that rally. The short distance and Bitcoin’s capacity for abrupt moves keep the outcome live, but settlement at or above $78,000 remains a meaningful underdog.
Points to NO
- Spot buying power has weakened immediately before the settlement window.On September 3, Bitcoin’s Apparent Demand indicator turned negative again.
- Sellers have repeatedly pushed Bitcoin back after moves above $80,000.By August 28, Bitcoin had lost $80,000 after reaching $81,240 two days after crossing that level.
- The threshold sits inside a nearby resistance zone where renewed selling may emerge.On September 3, immediate resistance was assessed at $77,700-$78,300, spanning the $78,000 threshold.
Points to YES
- Bitcoin needs only a modest gain from its current settlement-basis price to reach $78,000.On September 3, Bitcoin stood at $77,821.70 on the settlement basis, 0.23% below the threshold.
- Bitcoin has demonstrated the ability to rebound quickly from nearby support.On September 2, Bitcoin recovered above $77,200 after trading just below $76,300.
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