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$BTC How much higher can it go? Just look at these two points!
BTC rose from 57,800 to 81,500, a 40% gain, and the trend has already turned stronger. But the question is: who is still willing to buy at these levels?
Let the chart speak:
At the previous high, BTC consolidated for a long time; now that it has returned here, it has effectively brought the earlier trapped holders back to breakeven.
Meanwhile, those who bought around 60k are already sitting on substantial profits, so around 80k there are both momentum buyers and breakeven sellers and profit-takers.
That is also why BTC consolidated instead of continuing higher after reaching 80k.
Last Friday, the U.S. spot BTC ETF broke its streak of nine consecutive days of net inflows, shifting to $202 million in net outflows.
On top of that, Warsh has taken a hawkish stance, raising expectations for a September rate hike, while the dollar and Treasury yields have strengthened.
So from here, I’m only watching two levels:
Around 80k: volume is shrinking, so beware of a false breakout;
72,000–74,000: if buyers step in on a pullback and price reclaims the key level, it would show that this round of high-level rotation has been effective.
#美军袭击伊朗BTC下挫
AkFalcon
2026-08-31 06:24
BTC strategy perfectly validated!
This morning, we called for entering long positions in the 77,000–77,500 support zone. As expected, the market bottomed out, stabilized, and moved higher, successfully reaching the first target of 78,200.
The logic was made public in advance and the levels were clearly provided—the market movement is the best answer. #Gate首发上线日股交易 $BTC $ETH
BTC
-0.30%
ETH
-0.93%
AloneTrader_18
2026-08-31 06:22
Bitcoin Holds Near $79K
$BTC is holding around $78,800 after another rejection above $80K. The broader market remains strong, with total crypto market cap at $2.65T and Fear & Greed at 78.
ETF demand remains a key driver despite #BTC seeing $201.9M in outflows on August 28, ending a nine-day inflow streak. Ethereum ETFs continued attracting capital.
Key levels: $81.8K resistance → breakout could target $83K-$85K. Support sits at $77.5K-$76K, with $75K the major floor.
This week's US jobs data could decide Bitcoin's next major move.
#GateLaunchesJapaneseStockTrading #U.S.StrikesIranBTCDips #GateStockInsightsChallenge