BTCUSD showed a minor profit booking after a hawkish comments from Fed chairman. It hit an intraday high of $81479 and is now trading around $79393.
With an extra $242.3 million on August 27th, U.S. spot Bitcoin ETFs have reached a nine-day inflow streak and pushed August's total inflows past $3 billion, therefore marking the strongest month for these goods in 2026, mostly driven by Black Rock's IBIT with Bitcoin values remaining above $79,000 amid favorable economic conditions and optimistic mood in the larger crypto market, including Ether and Solana ETFs.
|
Technicals |
CMP -$77661 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
$76066 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$69456 |
CMP> 200 EMA |
Bullish |
|
365- EMA |
$67800 |
CMP>365 EMA |
Bullish |
|
800-EMA |
$69065 |
CMP>Value |
Bullish |
Major support: $75000/$73000/$69000/$67000. The pair is facing strong resistance around $83000. Any break targets $86500/$90438/$92500/$95000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
87.21 |
|
ADX |
Neutral |
|
It is good to buy on dips $75000 with an SL around $70000 for a TP of $82800/$90400.


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