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Daily Bitcoin Report — August 28, 2026
Bitcoin is trading around the $79,000 area today after previously recording a strong rise and briefly breaking above $80,000. Bullish momentum remains visible, supported by increasing fund flows into spot Bitcoin ETFs and a weakening U.S. dollar. However, BTC faces important resistance in the $80,000–$82,000 area. If it successfully breaks out and holds above that area, the possibility of moving toward $83,000 remains open. Conversely, failure to break through the resistance could trigger profit-taking and a correction. Bitcoin options worth around $6.4 billion also expire today, potentially increasing volatility.
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Trust the process, because great things take time.
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