đ Bitcoin (BTC) Daily Analysis â August 21, 2026
$BTC is showing strong bullish momentum!
Bitcoin has made a powerful recovery and is now trading around the $78,000 zone. The market has gained significant momentum this week, supported by strong institutional demand and renewed ETF inflows.
đč Current Zone: ~$78,000
đč Immediate Resistance: $80,000
đč Next Major Target: $83,300â$84,500
đč Key Support: $75,700
đč Major Support: $61,800â$63,100
đ Bullish Scenario:
If BTC breaks and holds above $80,000, the next important area to watch could be $83,300â$84,500. On-chain analysis also identifies this region as a major supply zone.
đ Bearish Scenario:
If BTC gets rejected around $80K and falls below $75,700, a short-term correction could occur. Traders should watch volume and confirmation before entering.
#GoldReboundsNearly5% #BinanceSquare #USRefinersFaceLoomingCrudeSupplyDrop #BitcoinBestWeekSinceMarch2023 #SpotGoldHitsHighestSinceMay15
$BTC is showing strong bullish momentum!
Bitcoin has made a powerful recovery and is now trading around the $78,000 zone. The market has gained significant momentum this week, supported by strong institutional demand and renewed ETF inflows.
đč Current Zone: ~$78,000
đč Immediate Resistance: $80,000
đč Next Major Target: $83,300â$84,500
đč Key Support: $75,700
đč Major Support: $61,800â$63,100
đ Bullish Scenario:
If BTC breaks and holds above $80,000, the next important area to watch could be $83,300â$84,500. On-chain analysis also identifies this region as a major supply zone.
đ Bearish Scenario:
If BTC gets rejected around $80K and falls below $75,700, a short-term correction could occur. Traders should watch volume and confirmation before entering.
#GoldReboundsNearly5% #BinanceSquare #USRefinersFaceLoomingCrudeSupplyDrop #BitcoinBestWeekSinceMarch2023 #SpotGoldHitsHighestSinceMay15