Will Bitcoin be at or above $78,250 on Aug 31?
Signal ended
Entry · NO45¢
PublishedAug 31
Aug 31 forecast
Bitcoin sits just below $78,250 with only hours remaining, so an August 31 settlement at or above the threshold is a meaningful underdog.
The visible evidence leans against YES: Bitcoin is near $78,160, recent daily closes were below $78,250, and settlement is only hours away. A below-threshold settlement is more likely, although the tiny gap and an intraday range spanning the strike leave the affirmative outcome meaningfully live. The sharp recovery from below $77,000 shows that another threshold-crossing move needs little warning.
Points to NO
- Bitcoin is slightly below the settlement threshold with little time remaining.On August 31, the settlement-basis price was about $78,160, roughly 0.11% below $78,250.
- The latest completed UTC session closed below the threshold, extending recent softness around the strike.CoinGecko recorded Bitcoin's August 30 UTC close at $77,658, below $78,250.
- A bearish technical divergence near $80,000 suggests rallies may continue meeting selling pressure.On August 30, Bitcoin was assessed as having formed a hidden bearish divergence near $80,000.
Points to YES
- Bitcoin has already demonstrated enough intraday strength to reclaim the threshold after a much deeper drop.On August 31, Bitcoin recovered toward $79,000 after falling below $77,000.
- The threshold lies well inside the day's observed trading range rather than beyond recent reach.Kraken displayed Bitcoin at $78,665 on August 31 after a 24-hour range from $77,330.29 to $79,316.05.
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