Bitcoin (BTC) is trading around 79,100 - 79,500 USD 📊, holding its short-term uptrend momentum but temporarily getting stuck just below the important psychological level of 80,000 USD 🛑 due to rising short-term profit-taking pressure ahead of the Fed’s Jackson Hole Conference 🏦.
Below is a summary of the developments in the Asia - Europe session and strategic outlook for the US session today, 27/08/2026 🗓.
SUMMARY OF ASIA & EUROPE SESSION MOVES
In the first two trading sessions of the day, Bitcoin moved within a narrow range and faced slight whipsaw pressure. Dominant trend: Sideways accumulation with a mild downward bias 🔄
Below is a summary of the developments in the Asia - Europe session and strategic outlook for the US session today, 27/08/2026 🗓.
SUMMARY OF ASIA & EUROPE SESSION MOVES
In the first two trading sessions of the day, Bitcoin moved within a narrow range and faced slight whipsaw pressure. Dominant trend: Sideways accumulation with a mild downward bias 🔄