CRYPTO DAILY EDGE AUG 21

$BTC is around $76.8K after briefly tagging $79.2K.

But the bigger story is what’s happening underneath the price.

Thursday ETF flows accelerated:

→ $BTC : +$606.3M
→ $ETH : +$219.5M

My read:

Shorts lit the fuse. Institutional flows validated the move.

Now the key level is simple:

🎯 $75K

If BTC continues holding above $75K, the breakout structure remains credible and another attempt at $79K–$80K becomes possible.

But if $75K fails, I’d watch $72K closely as the next important area.

The market has already moved aggressively.

Now we need to see whether buyers can defend the breakout after the short squeeze cools down.

Momentum gets you there. Holding the level proves the move.