Will Bitcoin be at or above $78,500 on Aug 28?
Signal ended
Entry · YES45¢
PublishedAug 26
Aug 26 forecast
Bitcoin enters the final days above the threshold with strong spot-fund inflows, so a price of $78,500 or higher is favored but far from guaranteed.
Bitcoin was near $78,900 on August 26 after briefly exceeding $81,000, leaving it just above the threshold. Strong spot-fund inflows and expanding crypto liquidity support continued demand, but repeated rejection near $80,000-$81,200, elevated profit-taking and recent liquidation cascades make the outcome favored but far from guaranteed.
Points to YES
- Starting above the threshold with nearby chart support raises the chance that ordinary price fluctuations leave Bitcoin at or above $78,500 on August 28.Around August 26, Bitcoin was about $78,900 after briefly reaching $81,237, with cited support at $77,000-$78,000 and then $75,000.
- Persistent spot-fund buying can absorb profit-taking and help Bitcoin remain above the threshold through the deadline.U.S. spot Bitcoin funds recorded $337.6 million of net inflows on August 24, extending a six-session inflow streak to $2.26 billion.
Points to NO
- Repeated failure to hold $80,000 as support leaves Bitcoin vulnerable to another retreat through the narrowly lower threshold.On August 25, Bitcoin rose above $80,000 to about $81,100 before falling back below $80,000 as the U.S. session opened, failing its initial support test.
- Large unrealized gains and heavy exchange deposits increase the risk that profit-taking pushes Bitcoin below $78,500 before the deadline.On August 25, unrealized trader profit margins were reported at 20.5%, while exchange inflows approached 53,000 Bitcoin, their highest level since June.
- Recent liquidation cascades show that leveraged selling can rapidly overwhelm nearby support, creating meaningful downside risk despite the favorable starting position.On August 22, Bitcoin fell from roughly $78,000 toward $77,000 amid about $529 million of liquidations in one hour, mostly from long positions.
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