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.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(837)

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

Bitcoin got as high as roughly $81,300 overnight and still couldn't maintain $80K. The battle is getting clearer. ETF demand remains strong, with another $242 million entering U.S. spot Bitcoin ETFs T...

28 Aug 17min

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

Bitcoin finally broke $80K, but it could not hold it. That makes today's price action a rejection, not a confirmed breakout. The good news is that Bitcoin has real demand underneath it: U.S. spot ETFs...

27 Aug 15min

Bitcoin Just Changed the Picture

Bitcoin Just Changed the Picture

Craig says Bitcoin’s 26% weekly move changed the higher-timeframe picture. After weeks of frustrating sideways action, the three-month and six-month charts are now showing structures that have histori...

25 Aug 5min

August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

Bitcoin briefly broke above $80,000, reaching roughly $81,100, before profit-taking pushed it back into the upper $70Ks. Matt explains why $80K remains an important psychological resistance level, wit...

25 Aug 14min

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

Bitcoin is pushing against the $80,000 barrier after one of its strongest weeks in months, driven by improving Treasury-market liquidity, nearly $2 billion in Bitcoin ETF inflows, short liquidations, ...

24 Aug 16min

August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

Bitcoin’s rally is accelerating, with BTC climbing toward $78,000 as improving global liquidity, heavy ETF buying, and another massive short squeeze drive the market higher. Matt breaks down roughly $...

21 Aug 15min

August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

Bitcoin finally broke out, surging above $70,000 as several catalysts hit at once. Matt looks at Trump’s White House meeting with crypto executives, Treasury moves supporting broader liquidity, and a ...

20 Aug 15min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
varvet
badfluence
rss-borsens-finest
uppgang-och-fall
avanzapodden
tabberaset
fill-or-kill
skaraborgspodden
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
24fragor
rss-kort-lang-analyspodden-fran-di
lastbilspodden
bathina-en-podcast
rss-dagen-med-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
borsmorgon
rss-hos-psykologen