Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, November 4
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»Bitcoin Price Prediction: Can BTC Break $81K Resistance?
    Bitcoin

    Bitcoin Price Prediction: Can BTC Break $81K Resistance?

    August 28, 20264 Mins Read


    Author

    Ahmed Barakat

    Author

    Ahmed BarakatVerified

    Part of the Team Since

    Mar 2024

    About Author

    Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

    Share




    Fact Checked by

    CryptoNews Editorial Team

    Author

    CryptoNews Editorial TeamVerified

    Part of the Team Since

    Sep 2018

    About Author

    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

    Last updated: 

    August 28, 2026

    Bitcoin price prediction shows it trading near $79,650 as Strategy's mNAV squeeze raises questions. Key support and resistance levels inside

    Today’s Bitcoin price prediction has BTC trading at $79,500, up around +1.1% over the past 24 hours, as the coin’s late-August grind between $78,000 and $81,000 stretches into another week.

    That sideways chop is the entire story right now, and according to BitMEX co-founder Arthur Hayes, it’s not just a mid-cycle pause; it’s a structural problem for the largest corporate bitcoin holder on the planet.

    Hayes argues on Laura Shin’s Unchained Podcast that Strategy Inc.’s decade-old playbook, sell shares at a premium to net asset value, buy more bitcoin, repeat, breaks down the moment BTC stops accelerating, even without a price crash.

    With Strategy’s enterprise mNAV compressed to roughly 1.01x and diluted mNAV near 0.74x as of August 27, the company now trades close to the raw value of its 840,447 BTC holdings, leaving almost no premium to fund another buying cycle.

    Bitcoin briefly topped $81,000 on August 25 before easing back, a pattern that’s reviving debate over whether this rally still has legs. Recent technical coverage suggests the answer hinges on a handful of key levels playing out over the next few sessions.

    Bitcoin Price Prediction: Can BTC USD Hit $83K This Week?

    $BTC took out the 80.8K PDH and shows a little rejection again.

    This rejection left a big wick on the 1H/4H, I’m personally looking to fill that wick.

    So the only potential setup I see for today is a scalp-long towards the 50% wick fill at around 81K.

    Statistically speaking,… pic.twitter.com/CVNG6SOSLV

    — Lennaert Snyder (@LennaertSnyder) August 28, 2026

    At $79,649.68, Bitcoin sits in a tight band that’s defined the past several sessions, with seven-day gains still running near 9.7% despite Thursday’s pullback.

    Resistance stacks up at $81,121 first, then a heavier shelf at $82,500–$84,700, with $87,500 marking the next major ceiling if momentum resumes. Support sits at $78,720, then $75,604, with a broader moving-average cluster at $65,800–$68,300 forming the base of the summer breakout.

    The bull case: a clean break above $81,121 opens the door to a run toward $84,700, especially if dollar weakness persists and Treasury actions keep bond yields contained.

    The base case: continued consolidation between $78,000 and $81,000 while the market digests Strategy’s mNAV squeeze and broader macro data.

    The bear case: a breakdown below $75,604 support, which would invalidate the current bullish structure and likely trigger a retest of the $68,000 zone.

    Options positioning around key strikes, detailed in recent Deribit expiry analysis, adds another layer of near-term volatility to watch.

    Supercharge Your Trading in 2026 With BloFin AI Trading Bots

    Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels

    Holders sitting on positions from the summer breakout are still up double digits over the month, no complaint there. But buying Bitcoin at $79,649 for outsized returns is a different bet than it was a year ago; the asset’s $1.5 trillion-plus market cap means even a run to $100,000 is “only” 25% upside from here.

    That math is exactly why traders scanning for asymmetric exposure keep circling back to Bitcoin’s own infrastructure layer, where the growth curve looks nothing like the base chain’s.

    Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with Solana Virtual Machine integration, aiming to deliver smart contract execution faster than Solana itself while settling back to Bitcoin’s base-layer security.

    The presale has raised $33,087,186.94 at a current token price of $0.0136853, with staking APY available for early participants. Its Decentralized Canonical Bridge targets one of Bitcoin’s oldest complaints: capital stuck earning nothing because the base chain can’t run smart contracts.

    Gain Access to New Bitcoin Layer 2 Early Here Make Your Prediction Count With $25 For Free on Kalshi

    Not financial advice. Crypto markets are highly volatile and presale tokens carry elevated risk. Always do your own research before investing.






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUK residential property transactions fell 2% in July: HMRC – Mortgage Strategy
    Next Article VEXBE Integrates U.S. Alternative Trading System (ATS) Blue Ocean, Laying the Foundation for Expanded Global Liquidity

    Related Posts

    Bitcoin

    Why bitcoin held up better after the record Binance hack – CNBC

    October 30, 2026
    Bitcoin

    Bitcoin market in chaos amid fears Binance cryptocurrency exchange hit by biggest hack in history – The Independent

    October 30, 2026
    Bitcoin

    Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush

    October 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Finance

    Loan-heavy climate finance forcing vulnerable nations into rising debt trap, Experts warn in Belem

    November 15, 2025
    Stock Market

    The Stock Market Just Flashed a Warning Seen Only 5 Times Before. History Is Crystal Clear About What Happens Next (Hint: It’s Not Good).

    August 13, 2026
    Bitcoin

    Strive Becomes Fifth Biggest Bitcoin Treasury, Stock Surges On Latest BTC Buy

    August 31, 2026
    What's Hot

    We Are Witnessing the Stock Market Do Something for Only the 3rd Time in 156 Years, and History Suggests This Will Come Next

    October 12, 2026

    Coinbase CEO Brian Armstrong Says Bitcoin Could Reach $1M by 2030

    August 20, 2025

    US-Iran War: Oil Jumps 5% as IRGC Launches Strikes Across Middle East, Gold & Bitcoin Fall

    July 12, 2026
    Most Popular

    10 Six-Figure Finance Jobs That Don’t Need a Degree

    May 13, 2025

    Bitcoin Price Today: BTC Slides Below $63,000 as Iran-Israel Tensions Trigger Global Market Sell-Off

    June 8, 2026

    Ice Cubed Property Finance buys Specialist Property Finance

    November 24, 2025
    Editor's Picks

    Blended finance in Jamaica – Jamaica Observer

    December 15, 2025

    Stock market today: Wall Street rises ahead of Fed announcement

    March 19, 2025

    Bitcoin Price Crashes To $106,000, Bulls Eye Strong November

    November 3, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.