Will Bitcoin be at or above $77,500 on Aug 31?
Signal ended
Entry · YES75¢
PublishedAug 31
Aug 31 forecast
Bitcoin remains modestly above the threshold with hours left, so an August 31 price of at least $77,500 is likely, with meaningful uncertainty.
Bitcoin is currently near $77,968, leaving a thin cushion above the threshold with only hours remaining. Multiple August 31 readings were above $77,500, and a roughly stable path would preserve that position. However, an intraday breach, recent risk-off selling, and the absence of a specified benchmark or timestamp leave meaningful uncertainty around the final determination.
Points to YES
- Bitcoin's latest supplied Coinbase Pro reading stood above the $77,500 threshold.At 10:18 UTC on August 31, Coinbase Pro recorded BTC/USD at $78,403.39.
- Bitcoin's strong August advance provides broader support despite the latest pullback.As of August 25, Bitcoin was up 28% for August and headed for its strongest monthly gain since November 2024.
Points to NO
- Bitcoin has already crossed below the threshold intraday, showing that the current cushion can disappear quickly.By 10:18 UTC on August 31, Coinbase Pro had recorded an intraday low of $77,369.59.
- Risk-off selling and leveraged liquidations create continued downside pressure near the threshold.On August 31, Bitcoin lost more than $2,000 while over $400 million of leveraged positions were liquidated during the preceding day, mostly longs.
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