Will Bitcoin be at or above $79,000 on Sep 4?
Signal ended
Entry · NO68¢
PublishedSep 3
Sep 3 forecast
Bitcoin remains below $79,000 after repeated failures near $80,000, so a $79,000-or-higher September 4 settlement is unlikely but still live.
Bitcoin enters the final stretch about 1.45% below the strike, with its latest reported daily high also short of $79,000. Repeated rejection near $80,000, weak short-term momentum, and concentrated holder supply overhead impede a rapid recovery. Recent daily trading ranges are easily wide enough to cross the gap, while renewed fund inflows keep a late rally plausible, but that path requires immediate and sustained buying.
Points to NO
- Bitcoin remains below the settlement threshold, and its latest daily high did not reach $79,000.At 11:03:43 UTC on September 3, Bitcoin traded at $77,456.00 after reaching a 24-hour high of $78,048.02.
- Concentrated holder supply around $80,000 creates resistance just beyond the settlement threshold.On September 3, about 880,000 BTC had a cost basis between roughly $77,500 and $80,300, and Bitcoin had repeatedly stalled near $80,000.
- Short-term price structure shows sellers controlling the immediate trend.On September 2, Bitcoin was below its hourly 20-, 50-, and 200-period exponential moving averages in a fully bearish intraday stack.
Points to YES
- Normal recent volatility is large enough to carry Bitcoin across the remaining gap.As of September 2, Bitcoin's 14-day average true range was about $2,150, roughly 2.8% of its price.
- Renewed spot-fund demand provides some support for a late rebound.US spot Bitcoin ETFs recorded a $101.1 million net inflow on September 2 after the previous day's outflow.
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