$BITCOIN Latest — Aug 29, 2026 🟠
BTC ran from ~$72K (Aug 20) to a peak of $81K+ (Aug 25), now cooling to ~$79K.
Why: Fed liquidity narrative + strong
ETF inflows fueled the rally. Jackson Hole this week is the key swing factor now.
Signal: (cite index="5-1">Sendiment hit "extreme greed" — first time since late 2024 — often a caution flag after a fast run-up.
Tip: Don't chase the pump. Watch $78K as near-term support; a break below could trigger a deeper pullback.
Ask yourself:
Is this a real breakout or a leverage-driven spike?
Do you have an exit plan if BTC retests $75K?
#bitcoin #BTC #CryptoAnalysis📈📉🐋📅🚀 #TechnicalAnalysis
BTC ran from ~$72K (Aug 20) to a peak of $81K+ (Aug 25), now cooling to ~$79K.
Why: Fed liquidity narrative + strong
ETF inflows fueled the rally. Jackson Hole this week is the key swing factor now.
Signal: (cite index="5-1">Sendiment hit "extreme greed" — first time since late 2024 — often a caution flag after a fast run-up.
Tip: Don't chase the pump. Watch $78K as near-term support; a break below could trigger a deeper pullback.
Ask yourself:
Is this a real breakout or a leverage-driven spike?
Do you have an exit plan if BTC retests $75K?
#bitcoin #BTC #CryptoAnalysis📈📉🐋📅🚀 #TechnicalAnalysis
