🚨 BITCOIN REJECTED AT $81K — COULD IT FALL TO $50K?
Bitcoin briefly surged to $81,265, but was then rejected right at the 50-week MA area around $81,085. As a result, BTC fell again and slipped back below $80K.
Now a narrative is starting to emerge: “Bitcoin will fall to $50K!” 😳
But… wait a minute.
If you look at the data, $50K is not the market’s main scenario.
Spot Bitcoin ETFs actually recorded inflows for 6 straight days, with funds entering around $337 million on August 24.
Even ETF AUM rose from about $78.67 billion to $98.56 billion in just a week.
So, does the rejection at $81K mean Bitcoin is about to collapse?
Not necessarily.
The path toward $50K is possible, but it’s usually tied to extreme conditions—especially if the Fed suddenly turns much more hawkish than the market expects.
Some projections also paint a different picture:
🔻 Citi: bear case $53K, but their base case is still $82K.
🔻 Galaxy Digital: downside scenario $40–46K.
📈 Standard Chartered: target of $100K by year-end.
📈 Bernstein: even sees potential for $150K.
And interestingly, the chance of BTC touching $50K in August according to Polymarket is only about 2%.
So, in my view, what matters now isn’t just:
“BTC rejected at $81K = it’s going to crash?”
But instead:
Is this rejection only a healthy pullback within an uptrend, or a sign that bullish momentum is starting to lose steam?
Because one thing is certain:
As long as Bitcoin hasn’t lost key support levels, don’t jump to the conclusion that $50K is already right around the corner. 👀
What do you think?
BTC is just taking a breather before continuing higher 🚀
or is this the start of a deeper correction? 📉
Bitcoin briefly surged to $81,265, but was then rejected right at the 50-week MA area around $81,085. As a result, BTC fell again and slipped back below $80K.
Now a narrative is starting to emerge: “Bitcoin will fall to $50K!” 😳
But… wait a minute.
If you look at the data, $50K is not the market’s main scenario.
Spot Bitcoin ETFs actually recorded inflows for 6 straight days, with funds entering around $337 million on August 24.
Even ETF AUM rose from about $78.67 billion to $98.56 billion in just a week.
So, does the rejection at $81K mean Bitcoin is about to collapse?
Not necessarily.
The path toward $50K is possible, but it’s usually tied to extreme conditions—especially if the Fed suddenly turns much more hawkish than the market expects.
Some projections also paint a different picture:
🔻 Citi: bear case $53K, but their base case is still $82K.
🔻 Galaxy Digital: downside scenario $40–46K.
📈 Standard Chartered: target of $100K by year-end.
📈 Bernstein: even sees potential for $150K.
And interestingly, the chance of BTC touching $50K in August according to Polymarket is only about 2%.
So, in my view, what matters now isn’t just:
“BTC rejected at $81K = it’s going to crash?”
But instead:
Is this rejection only a healthy pullback within an uptrend, or a sign that bullish momentum is starting to lose steam?
Because one thing is certain:
As long as Bitcoin hasn’t lost key support levels, don’t jump to the conclusion that $50K is already right around the corner. 👀
What do you think?
BTC is just taking a breather before continuing higher 🚀
or is this the start of a deeper correction? 📉
