• Bitcoin is trading around $80,000 after a recent push toward the $82,000 area.
• U.S. spot Bitcoin ETFs pulled in nearly $1 billion last week, marking their third consecutive week of inflows.

The global largest crypto, Bitcoin, is holding close to the $80,000 level after a strong move earlier this month, while fresh demand from U.S. spot Bitcoin ETFs continues to support the market.

At the time of writing, BTC was trading around $79,675 on the 4-hour Binance chart, with the latest session moving between an intraday low of $79,327 and a high of $80,530. Bitcoin previously pushed above $82,000 before pulling back and settling into a tighter range between $79,000 and $81,000.

The ETF market has remained a key source of demand. U.S. spot Bitcoin ETFs recorded about $986.9 million in net inflows for the week ending September 5, extending their combined three-week inflow streak to roughly $3.8 billion. Thursday alone saw about $730.9 million enter the funds, marking the strongest single-day inflow in 2026.

Bitcoin 4-H Technical Setup Remains Mixed

The 4-hour chart shows Bitcoin has cooled after its latest jump, with BTC currently trading in a tight consolidation range. After climbing above $82,000, BTC pulled back and has since been moving mostly between $79,300 and $80,500. The price action suggests that buyers are still holding the recent gains, but the market has yet to build enough momentum for another move higher.

The 9-day moving average sits near $79,860, while the 21-day average is around $80,004. Right now, BTC is below both levels, leaving the short-term trend without a clear bullish signal.

The RSI is near 51, with its moving average around 54. This places momentum close to the middle of the range, rather than in either overbought or oversold territory.

Zooming in, the visible SMA 9 is at around $79,859, meaning the price is currently slightly below the 9-day SMA. The SMA itself has flattened after rising during the earlier rally, which shows that the immediate momentum has cooled. Meanwhile, the BBPT indicator remains mixed as its green component stays above the zero line and the red component remains negative.

So, the recent price structure leaves $82,000 as the key upside level. Bitcoin briefly crossed that mark before facing selling pressure. A sustained move above it would strengthen the breakout setup.

On the downside, the $79,000 area is the first level to watch, followed by the recent low near $78,500.

For now, Bitcoin remains near $80,000 while strong ETF inflows provide support, but the 4-hour chart shows that buyers still need to reclaim the $80,000-$82,000 area to regain stronger momentum.

Highlighted Crypto News:

ZachXBT Raises WOO X Withdrawal Concerns After Users Report 3-Day Delays

• Bitcoin (BTC) is currently trading at the $77.5K mark.
• The short-term momentum is weaker than the long-term.

The largest and dominant asset, Bitcoin (BTC), is trading at $77,578 with a 24-hour range of $76,297 to $77,830 and a seven-day range stretching from $76,297 to $81,281. Also, its volume sits at $26.79 billion. The bounce from $76K is significant. 

$79,500 is the resistance BTC has failed to properly reclaim multiple times since breaking above $80K. Every attempt has been met with sellers defending that level. Until it breaks $79.5K and holds it on the 4-hour chart, the recovery stays unconfirmed.

A head and shoulders pattern has formed on the recent timeframe. Price has already lost the neckline and is now attempting a retest. A rejection at the neckline opens the door toward $71K. The setup gets invalidated only if Bitcoin reclaims the neckline and holds above it. 

The BTC Price Levels That Decide Everything Ahead

The $79,500 zone is the resistance that needs to be broken. A clean 4-hour close above it makes $80K easier to take out, with $81K–$82K as the next targets above that. The descending trendline near $80K has been tested multiple times and continues to act as a strong barrier.

Moreover, $76K is the support that needs to hold. Lose it, and the chart starts looking considerably less comfortable. Below $76K, the watch zone drops to $72K–$70K, where the next crucial support sits.

For the short-term correction, the $75,800 level represents a buying opportunity with DCA in the $75,000 range. A drop to $73K signals a sharper decline in the cycle, with long-term expectations pointing to $68,000 in that case. The bigger structure remains intact as long as Bitcoin holds above the $70,500 pivot.

The biggest selling zone in the current setup sits at $83,000–$85,000, a more realistic threshold than the $92,000 and $105,000 targets that were circulating earlier. BTC is still in a short-term correction from the $78K–$76K area, and the current price around $77K is roughly the halfway point of that correction.

Where is Bitcoin’s Momentum Heading in the Near Term?

The technical chart analysis shows that the Moving Average Convergence Divergence (MACD) line is positioned below the signal line. As both lines are below the zero line, it hints at strong bearish momentum. The short-term momentum is weaker than the long-term, putting it in a broader downside.

This bearish crossover of Bitcoin shows that the selling pressure is actively accelerating downward. This is one of the strongest sell or trend-continuation signals on the chart, showing that bears are in firm control of the market.

Furthermore, the daily Relative Strength Index (RSI) at 45.24 reflects a neutral-to-slightly negative trend. The reading is sitting below the 50 midpoint, indicating that the recent price declines slightly outweigh recent price gains. Sellers have a slight edge, but there is no strong downward trend. 

There is plenty of room for the price action to move in either direction before hitting extreme territory. This reflects the BTC market in consolidation, and traders wait for a break above 50 or below 40 to confirm the next move.

Crypto Market Highlights

10% Pump for Uniswap (UNI): Can It Hold Above Resistance?

• Bitcoin (BTC) price is currently trading at the $79.8K mark.
• The sellers are temporarily in charge, and the broader market remains bullish.

The largest and dominant asset, Bitcoin (BTC), is currently hovering within the $79.8K range, and its volume is settled at $36.37 billion. It has ranged between $78,597 and $81,281 over the past 24 hours. Notably, the setup on the chart is drawing uncomfortable comparisons to 2022.

In 2023, Bitcoin broke its downtrend, tested the previous August high, then pulled back toward $20,000 before launching into its next major bull run. The same structure appears to be forming now. Also, the equivalent level this cycle is the May 2026 high near $83,000. 

A rejection at that level would not break the bullish case. It would set up the next major buying opportunity. 

Bitcoin’s Key Price Levels to Watch 

The immediate resistance zone sits between $83,307 and $84,569, an area where nearly 975,000 BTC were previously acquired. That concentration of supply makes a clean first-attempt breakout unlikely. 

Above the current price, $81K is the first liquidity pool. Below, $75K–$77K is loaded with resting orders, and $76,996–$78,258 is the support range to watch if selling pressure builds.

Lose that support and $63,111 comes into focus as the next major demand zone. The more aggressive bearish roadmap puts the sequence at $81K, $74K, $63K, $48K, a path that stays on the table as long as $83K remains unbroken. 

BTC got rejected after failing to clear $82K, and that rejection was called the moment price tapped the $80K–$81K zone. Both liquidity pools above and below are loaded, and the first sweep will reveal the next major directional move.

Where is BTC Momentum Heading? 

Bitcoin’s technical analysis shows that the Moving Average Convergence Divergence line is below the signal line, indicating that the sellers are temporarily in charge. As both lines are found above the zero line, the broader market structure remains bullish.

If the MACD line curves back up and crosses above the signal line while still over the zero line, it confirms that the broader uptrend is resuming. If the pullback turns into a heavy sell-off and both lines fall below zero, the macro trend shifts from bullish to bearish.

Furthermore, the daily Relative Strength Index (RSI) of BTC at 58.85 reflects a healthy market with moderate bullish momentum. The 50 line acts as the dividing mark between buying and selling power. Being at 59 confirms that buyers hold a solid, active edge over sellers.

The asset is far enough from the overbought threshold that it has plenty of room to run before getting overextended. This is a sustainable, steady move up. Moreover, buyers are in control, and the price action is favouring the upside without immediate signs of exhaustion.

Crypto Market Highlights

Zcash (ZEC) Charts a Head-and-Shoulders Setup With $600 on the Downside

• The Bitcoin (BTC) price is currently trading around the $75.2K mark.
• Short-term buying pressure is accelerating, and the overall market is controlled by buyers.

As of August 21, the dominant asset, Bitcoin (BTC), has climbed back above $75,000, marking a notable shift in momentum. It has broken its nine-month downtrend. At press time, the price trades at $75,225, up over 8.3% in value, while its 24-hour trading volume reached $60.27 billion. 

Bitcoin has moved between $69,320 and $75,527 over the past 24 hours, reflecting the strength within the market. Moreover, there was a substantial support zone between $61,849 and $63,111, where more than 2 million BTC were previously transacted. This area could provide a strong foundation if it enters a period of consolidation.

$75K Breakout Puts the Momentum in Focus

BTC has now reached the $75K resistance area after a steep vertical rally. While the broader structure has improved, the pace of the move raises the possibility of sideways consolidation before another leg higher. 

Also, the URPD data shows limited resistance above current levels. If Bitcoin decisively clears $75,733, the next significant supply cluster appears around $83,307-$84,569, where 1 million BTC previously changed hands.

The breakout has also intensified pressure on short sellers, with liquidations adding to the current market volatility. If buyers can absorb the overhead supply, Bitcoin could enter a new price-discovery phase, making the $75.7K level an important zone for the next stage of its momentum. 

Bitcoin is Bullish as Technical Indicators Rocket 

The BTC/USDT pair’s Moving Average Convergence Divergence line is above the signal line. The gap between the lines is large; the histogram bars are unusually tall. This means short-term buying pressure is rapidly accelerating. As both lines are above zero, the overall market is firmly controlled by buyers. 

The momentum is extremely strong, with an aggressive bullish signal, confirming an uptrend with surging short-term momentum. If the gap between the MACD and signal line stops expanding, it might precede a consolidation phase.

Bitcoin’s daily Relative Strength Index (RSI) value of 93 is an extreme overbought state. It is one of the highest possible momentum readings, signalling an extraordinarily aggressive buying wave. The price action has moved upward with virtually no pullbacks to cool down the indicator.

Notably, in its current condition, it likely precedes a temporary exhaustion point, where the asset must drop significantly to reset the technical indicators. Furthermore, this juncture for the asset carries significant short-term risk. 

Crypto Market Highlights

Hyperliquid (HYPE) Momentum Explodes 19%: Is It Ready to Challenge Its ATH?

• Bitcoin price is currently trading around $64.1K.
• The buyers are in firm control of the BTC market structure.

The dominant asset in the market, Bitcoin (BTC), is trading at $64,162, up 1.1%, with the daily volume at $21.109 billion. Its 24-hour price range is between $63,246 and $64,515. In addition, the BTC market has experienced $79.62 million in liquidations over the past 24 hours. 

BTC has broken the 305-bar downtrend line, a technical development the market is waiting on. The price is currently consolidating within a tight $61.8K–$67.3K range and is reclaiming the 200 EMA around $64K. The descending trendline sits above at $64.5K–$65K.

The short-term momentum is extremely stretched, and a clean break above $65K would confirm the bullish setup. Another rejection from this zone could send the Bitcoin price back toward $63K–$62.5K before another attempt.

Bollinger Bands are compressing, and the asset is not showing a strong directional move yet; it’s building pressure. When volatility expands, the move that follows is to be aggressive in whichever direction it chooses.

Bitcoin’s Major Price Range Picture 

The $61K–$62K area below and the $67K region above have both held as range boundaries for weeks. A large number of stops are likely sitting outside both levels. A sweep into either zone could trigger a significant squeeze, especially given how compressed price has been.

Meanwhile, if realised price continues rising while BTC holds above it, the market could be building a stronger long-term base, one that supports a more sustained move higher rather than another false breakout.

With the price losing momentum, $63K is the immediate support. Lose this, and the bounce is invalidated, with $61K as the next destination. The $64K mark is the pivot. The level everything hinges on. If it’s moving upward, $65.7K would be a clean reclaim, representing a structural shift. Upon holding this target, $67.2K might be the next major resistance. 

Is BTC Building More Momentum Upside?

The technical chart shows that the Moving Average Convergence Divergence line (MACD) has crossed over the signal line, with the short-term buying momentum accelerating. As both lines are above zero, the overall trend is bullish. It also confirms buyers are in firm control of the underlying market structure.  

BTC is in an active markup phase. The long-term and short-term momentum are aligned to the upside. As long as the lines stay above zero, the path of least resistance remains up. The selling against this momentum carries high risk until a bearish crossover forms. 

Besides, the daily Relative Strength Index (RSI) reading of 63.90 exhibits strong, healthy bullish momentum with the buyers firmly driving the price upward. It is sitting above the neutral 50 level, indicating that buying volume is significantly outstripping selling pressure. Notably, Bitcoin has solid upward momentum. 

Positioned below the overbought zone of 70, the price move is strong without being statistically overextended yet. The value in the 60s is widely considered the ideal zone for a sustainable uptrend and demonstrates strong buyer conviction while still leaving room for further upside.

Crypto Market Highlights

Ethereum (ETH) Breaks Above $1.9K: How Close Is the Push Toward $2K?

• Bitcoin price slipped below the $64K mark.
• The bearish crossover is active, and the downtrend accelerates.

The largest asset, Bitcoin (BTC), slipped below the $64K mark and is currently trading at around $63,981. Its daily trading volume has surged by over 50% to $21.78 billion. Moreover, this session ranged between $63,752 and $65,316, with $49.61 million in liquidations recorded in the past 24 hours.

Significantly, $67K was the high in both June and July. Until that level breaks, the upside momentum stays on hold. Everything happening for the asset between $60K and $67K right now is just rattle inside a range that has been playing out for weeks.

Also, Peter Brandt has flagged a potential decline, pointing to a large head-and-shoulders pattern developing on the chart. BTC remains below the $67.2K–$67.5K resistance zone, the exact level that needs to break for any serious rally to develop. 

For the longer term, $82,850 remains the critical range bulls need to reclaim to flip the broader bias.

Key Support and Resistance Levels of Bitcoin 

Looking at the 4-hour price chart, the BTC price might slip to the $63,842 support range with the bearish pressure. An extended correction on the downside could break momentum deeper, falling below the $63.7K mark. The formation of the death cross brings further traction.

Assuming the trading graph flips bullish, the Bitcoin chart displays buying interest, with the price dominated by upward-moving candles. It could climb and find its resistance at $64K. Continued gains might trigger the emergence of the golden cross, sending the price above $64,199. 

Technical Setup: Further Downside for BTC?

The Moving Average Convergence Divergence (MACD) line is below the zero line, confirming that short-term selling pressure is stronger than long-term buying support. The bearish crossover is active, indicating that the downward momentum is accelerating. 

Notably, the signal line is found above zero, showing the primary trend of Bitcoin was bullish, but that baseline strength is eroding fast. This is a key warning flag, a sign that a previous uptrend is fracturing into a deeper pullback or a full trend reversal.

BTC’s daily Relative Strength Index (RSI) value of 37.70 suggests weak, bearish momentum with the sellers currently in control, though drawing near potential bargain territory. As it is sitting below 50 confirms that selling pressure is outpacing buying pressure.

The market is weak and sliding lower, but not yet an extreme dip. The asset is undergoing a heavy pullback, and the momentum favours the bears. Traders prefer to wait until a drop below 30 for a dip-buy, or until it reclaims 50 to confirm that buyers have returned.

Crypto Market Highlights

BOOK OF MEME (BOME) Surges 16%: The Chart Is Pointing Higher