Will Bitcoin be at or above $77,750 on Aug 29?

Signal ended

Entry · YES36¢

PublishedAug 29

Aug 29 forecast

Prices have repeatedly crossed the threshold after a sharp selloff, so Bitcoin closing at or above $77,750 is genuinely close.

Bitcoin has traded on both sides of the threshold following a steep macro-driven decline, leaving little cushion in either direction. The recovery from deeper losses gives a qualifying close a slight edge, but fragile momentum, recent liquidations and the exchange-specific measurement keep the outcome genuinely close.

Points to YES

Bitcoin has already recovered through the threshold after a substantially deeper dip, demonstrating enough nearby demand to put a qualifying close within reach.
An August 29 report placed Bitcoin at $77,813 after it had earlier fallen to about $76,845.
Recent institutional fund buying provides a supportive backdrop for dip demand, increasing the chance that buyers defend prices near the threshold.
U.S. spot Bitcoin funds received about $232 million on August 26, extending an eight-session inflow run to roughly $2.8 billion.

Points to NO

A recent precise quote was slightly below the threshold, leaving a qualifying close dependent on another rebound before the measurement time.
At 04:02 UTC on August 29, Coinbase Pro BTC/USD was $77,537.69 after trading between $77,485.00 and $77,953.48 during the session.
The macro-driven selloff damaged short-term momentum and raises the risk that renewed dollar or yield strength triggers another rapid decline before noon.
After the August 28 policy remarks, Bitcoin fell from around $81,280 to approximately $76,909 while nearly $488 million in broader crypto positions were liquidated.

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