How High Can Bitcoin Price Go This Week? $83K Rally or $73K Pullback?

TLDR:

• Bitcoin trades near $79.7K, while the current chart places immediate resistance at the $81,259 level.
• BTC may see $76,206 as lower-range support and identifies $72K-$74K as the deeper support zone now.
• August U.S. payrolls rose by 162,000, pushing market odds toward a Federal Reserve rate hike in September.
• U.S. spot Bitcoin ETFs drew $3.52B in August inflows, marking their strongest monthly total so far in 2026.

Bitcoin is trading near $79,700 up 0.25% after spending the weekend close to the $80,000 level. The price remains below last week’s peak above $82,000, where buyers failed to hold the breakout. Bitcoin still gained about 25% during August, its strongest monthly advance since November 2024. 

Despite this, the BTC price remains about 36.9% below its October 2025 all-time high of $126,080. The next move now depends on whether BTC can reclaim resistance near $81,259; however, a rejection could reopen the path toward $76,206 and the deeper $72,000 to $74,000 support zone.

Bitcoin Price Faces $81K Resistance Before $83K

Bitcoin has repeatedly tested the upper part of its current trading range. The chart places immediate resistance around $81,259, while recent market data shows a seven-day high above $82,100.