📊 Analysis of #Bitcoin #BTC dated 24 August 2026
Bitcoin had a clear key to starting the current bullish wave: a breakout of the $71,800 level and a daily candle close above it 👍
This already happened in the past few days ✅
Since then, the price has been trading above the level, which further supports the positive scenario 🔥
Right now, we only have two scenarios 👇
⭕ The bullish scenario (the one I’m leaning toward more):
A daily candle close above $82,800 🔥
If the close happens and the price holds above the level ⤵️
Then the targets in front of us will be: 1️⃣ $84,800 | 2️⃣ $88,500 | 3️⃣ $91,850 | 4️⃣ $95,750$
⭕ The bearish scenario:
If the price is working on a correction and returns to test $71,800 again
And the most important thing here isn’t just reaching the level, but the daily candle closing below it ‼️
Then the scenario will change, and there will be a new update to the levels and direction according to the price movement ⚠️
But currently, I’m leaning more toward the bullish scenario, and what will truly settle the matter is the daily close—not just a momentary breakout 👌
The $82,800 zone is the next key for the upward move 🔑
$BTC
Bitcoin had a clear key to starting the current bullish wave: a breakout of the $71,800 level and a daily candle close above it 👍
This already happened in the past few days ✅
Since then, the price has been trading above the level, which further supports the positive scenario 🔥
Right now, we only have two scenarios 👇
⭕ The bullish scenario (the one I’m leaning toward more):
A daily candle close above $82,800 🔥
If the close happens and the price holds above the level ⤵️
Then the targets in front of us will be: 1️⃣ $84,800 | 2️⃣ $88,500 | 3️⃣ $91,850 | 4️⃣ $95,750$
⭕ The bearish scenario:
If the price is working on a correction and returns to test $71,800 again
And the most important thing here isn’t just reaching the level, but the daily candle closing below it ‼️
Then the scenario will change, and there will be a new update to the levels and direction according to the price movement ⚠️
But currently, I’m leaning more toward the bullish scenario, and what will truly settle the matter is the daily close—not just a momentary breakout 👌
The $82,800 zone is the next key for the upward move 🔑
$BTC
