Will Bitcoin be at or above $79,250 on Aug 31?
Signal ended
Entry · NO72¢
PublishedAug 31
Aug 31 forecast
Bitcoin remains below $79,250 with little time left, so settlement at or above the threshold is unlikely.
The settlement-basis price is $79,188.04, just 0.08% below the threshold. That gap can disappear quickly, and the intraday rebound keeps an upside crossing live. However, benchmark and exchange snapshots remained below $79,250, leaving little time to establish a buffer; an affirmative settlement is therefore unlikely.
Points to NO
- Bitcoin is just below the settlement threshold with less than two hours remaining.On August 31, the settlement-basis price was $79,188.04, approximately 0.08% below $79,250.
- A broad exchange-based benchmark was well below the threshold earlier in the day.At 15:00 GMT on August 31, the CME CF Bitcoin Reference Rate was $78,115.75.
- Kraken's displayed daily high had not reached the threshold.On August 31, Kraken displayed a 24-hour Bitcoin high of $79,144.06, below the $79,250 threshold.
Points to YES
- Bitcoin has already demonstrated enough intraday momentum to traverse the remaining gap.On August 31, Bitcoin recovered more than $2,000 after falling below $77,000 and returned toward $79,000.
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