Bitcoin Price Prediction: $50K Risk Returns After $81K Rejection
Key Insights
- Bitcoin price prediction weakened after BTC rejected the $81,300 resistance area.
- Bitcoin futures positioning remained elevated as spot prices pulled below $80,000.
- Spot Bitcoin ETF inflows extended to seven consecutive trading sessions.
Bitcoin price prediction has turned more cautious after BTC failed to sustain its move above $81,000. Bitcoin reached roughly $81,200 during Aug. 25 trading before sellers pushed the asset back below $80,000.
The rejection comes as derivatives positioning remains elevated, increasing the risk of sharper volatility around nearby technical levels. However, seven consecutive sessions of spot Bitcoin ETF inflows continue to provide a counterweight to the bearish technical setup.
Bitcoin Price Prediction Weakens Below $80,000
CoinMarketCap data showed Bitcoin near $79,172 during Aug. 26 trading. The price of Bitcoin had fallen about 1.9% over 24 hours. Its market capitalization remained near $1.59 trillion.
CoinMarketCapโs historical series showed Bitcoin at $78,379 on Aug. 25. It recorded the previous day near $78,964.
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