Will Bitcoin be at or above $79,000 on Aug 31?
Signal ended
Entry · NO49¢
PublishedAug 31
Aug 31 forecast
Recent cross-exchange prices sit below $79,000 with little time remaining, so an August 31 Bitcoin settlement at or above $79,000 is unlikely but still live.
Bitcoin is trading almost exactly at the threshold, but a 10:40–10:42 UTC snapshot showed major exchanges around $78,350–$78,576. The current settlement-basis price of $79,043 leaves almost no cushion, while the day’s $79,316 high shows that another recovery remains plausible. With only hours remaining and recent momentum softening, an August 31 settlement at or above $79,000 is unlikely but still live.
Points to NO
- A broad spot-price snapshot placed Bitcoin several hundred dollars below the strike shortly before settlement.At 10:40–10:42 UTC on August 31, reported BTC/USD trades across eleven exchanges ranged from $78,352.96 to $78,576.
- Bitcoin entered the final day with weakening short-term momentum.Late on August 30, Bitcoin was reported down 2.1% over 24 hours at $78,592.
- A recent technical assessment identified unresolved bearish pressure near $80,000.On August 30, Rekt Capital assessed that a hidden bearish divergence near $80,000 would persist unless Bitcoin made a new higher high.
Points to YES
- The settlement-basis price is just above the strike, leaving the threshold immediately attainable.On August 31, the current settlement-basis price was $79,043.0567, about 0.05% above $79,000, with 2.8 hours remaining.
- Bitcoin has already traded above the threshold during the settlement day.Kraken displayed a 24-hour Bitcoin high of $79,316.05 on August 31.
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