BTCUSD gained nearly 28% in past eight reading days as demand for riksier assets increased. It hit an intraday high of $79989 and is now trading around $79737.
U.S. spot Bitcoin ETFs saw remarkable net inflows of over $1.92 billion in the five trading days from August 17–21, 2026, with every day showing positive flows. Particularly on August 21, Black Rock's IBIT was the top fund and drew a sizable fraction of the inflows. This ongoing institutional demand, which coincided with Bitcoin's climb above $78,000, suggests short-term good momentum and shows the highest weekly inflow total in around ten months.
|
Technicals |
CMP -$79700 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$72111 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$67046 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$66335 |
CMP>365 EMA |
Bullish |
|
800-EMA |
$68523 |
CMP>Value |
Bullish |
Major support- $75000/$73000/$69000/$67000. The pair is facing strong around $80000 . Any break targets $82833/$90438/$92500/$95000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
93.91 |
|
ADX |
Neutral |
|
It is good to buy on dips $78000 with an SL around $70000 for a TP of $79500/$82800/$90400.


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