Bitcoin Technical Analysis Report – 31st August 2026
Bitcoin started the week with strong buying interest and continued its bullish momentum, breaking above the key $80,000 psychological resistance level and reaching a high of around $81,455. The rally extended the sharp recovery from the $62,000 area, with BTC gaining more than 23% during the previous weekly move. Strong institutional demand through spot Bitcoin […] The post Bitcoin Technical Analysis Report – 31st August 2026 appeared first on ZebPay.
Key Takeaways
- Bitcoin started the week with strong buying interest and continued its bullish momentum, breaking above the key $80,000 psychological resistance level and reaching a high of around $81,455.
- The rally extended the sharp recovery from the $62,000 area, with BTC gaining more than 23% during the previous weekly move.
- Strong institutional demand through spot Bitcoin […] The post Bitcoin Technical Analysis Report – 31st August 2026 appeared first on ZebPay.
Summary generated by IndiCrypto from ZebPay. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin Holders Face a Hard Fork on September 1 — Here's What Actually Changes
Luke Dashjr quit OCEAN and calls Bitcoin Spamcoin. His BLAKE2b chain breaks away September 1. What it means for BTC. The post Bitcoin Holders Face a Hard Fork on September 1 — Here's What Actually Changes appeared first on BeInCrypto.
September Fed rate hike fears look overblown as the probability stands at just 58%, not 90%
Odds of a rate hike in September remain below 60% despite Warsh's hawkish speech on Friday. Observers downplay fears of tightening.
Bitcoin ETFs Pulled In Near $1 Billion Last Week, So Why Is BTC Stuck Below $80,000?
Bitcoin ETFs pulled in $924 million last week, yet BTC remains stuck below $80,000 as traders eye the Fed. The post Bitcoin ETFs Pulled In Near $1 Billion Last Week, So Why Is BTC Stuck Below $80,000? appeared first on BeInCrypto.