August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?


Bitcoin keeps bouncing off the $80,000 resistance level, and Matt explains why profit-taking is the biggest obstacle right now. Institutional investors are locking in strong gains, the short squeeze that helped drive the first leg higher is losing momentum, and roughly $6.4 billion in Bitcoin options are set to expire Friday. At the same time, ETF demand remains strong, with about $314 million in Tuesday inflows and roughly $3 billion for August, making sustained institutional buying the key to turning $80K from resistance into support.


The episode also looks at why the Treasury market and the debasement trade matter more to Bitcoin than oil prices, Revolut beginning to roll out its euro-backed EURR stablecoin, and the Tornado Cash retrial being pushed to 2027. Matt argues that Bitcoin still has a real path toward $90K if it can close above $80K and stay there, but warns that every new price level will bring fresh sellers, profit-taking, and resistance.


Happy HODLing.

Hosted on Acast. See acast.com/privacy for more information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(859)

Sept 25: Bitcoin Holds $84

Sept 25: Bitcoin Holds $84

Bitcoin is holding around $84,000 despite a difficult macro backdrop, with the 10-year Treasury yield around 5.2%, oil above $100 and markets pricing additional Fed tightening. Spot Bitcoin ETFs never...

25 Sep 9min

Sept 24: Bitcoin Falls Back Toward $82K

Sept 24: Bitcoin Falls Back Toward $82K

Bitcoin has fallen back to roughly $83,500 after failing to hold $85,000, putting the $80,000 to $82,000 support area back in focus. The macro backdrop has become less favorable as Treasury yields ris...

24 Sep 17min

Sept 23: The Stablecoin Endgame?

Sept 23: The Stablecoin Endgame?

Bitcoin is holding in the mid-$85,000 range as U.S. spot Bitcoin ETF demand remains strong, with roughly $714 million of additional inflows following Monday's nearly $1 billion. But today's main discu...

23 Sep 20min

Sept 22: Bitcoin Holds Above $85K as ETF Inflows Explode and Corporate Buyers Come Back

Sept 22: Bitcoin Holds Above $85K as ETF Inflows Explode and Corporate Buyers Come Back

Bitcoin held above $85,000 after briefly trading above $87,000, while U.S. spot Bitcoin ETFs recorded approximately $999 million in net inflows on Monday. Matt argues that this is an important transit...

22 Sep 22min

Sept 21: Craig Cobb's $83K Level Breaks as Shorts Get Crushed. Bitcoin Rips Above $85K!

Sept 21: Craig Cobb's $83K Level Breaks as Shorts Get Crushed. Bitcoin Rips Above $85K!

Bitcoin surged above $85,000 after finally clearing the roughly $83,000 level that both Matt and Craig Cobb have been watching. Craig explains that the breakout does not automatically create a monthly...

21 Sep 21min

Sept 18: Bitcoin Pushes Back Toward $78K as Wall Street Moves Deeper Onchain

Sept 18: Bitcoin Pushes Back Toward $78K as Wall Street Moves Deeper Onchain

Bitcoin moved back toward $78,000 as spot ETF flows returned to positive territory, although Matt argues the market remains sideways rather than in a confirmed recovery. The bigger structural story is...

18 Sep 24min

Sept 17: Bitcoin Holds Near $77K After the Fed Hike as Institutional Crypto Keeps Expanding

Sept 17: Bitcoin Holds Near $77K After the Fed Hike as Institutional Crypto Keeps Expanding

Bitcoin remained around $77,000 after the Federal Reserve delivered its widely expected 25-basis-point rate hike, with Matt arguing that the decision itself had already been priced into markets. The m...

17 Sep 12min

Sept 16: The CLARITY Act Failed. Trump Gave Democrats the Political Opening They Needed.

Sept 16: The CLARITY Act Failed. Trump Gave Democrats the Political Opening They Needed.

The Senate failed to advance the CLARITY Act in a 49-50 cloture vote, well short of the 60 votes required. Democrats centered their opposition on ethics concerns surrounding President Trump's crypto b...

16 Sep 24min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
rss-pa-konto
rss-skravla-gar
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
lederpodden
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
rss-orjasater
pengesnakk
morgenkaffen-med-finansavisen
liberal-halvtime
utbytte
okonomiamatorene
rss-markedspuls-2