The $BTC price prediction stays constructive after price confirmed its biggest weekly candle in three years and reclaimed a key long-term support band, a setup that has historically marked cycle bottoms rather than failed rallies. Backing that technical strength is a record week of ETF demand and a rally that looks to be built on real capital rather than leverage.
Bitcoin Price Prediction: Will $1.92B in ETF Inflows Keep Fueling the Rally?
The $BTC price prediction stays constructive after price confirmed its biggest weekly candle in three years and reclaimed a key long-term support band, a setup that has historically marked cycle bottoms rather than failed rallies.…
Cryptonews.net
Publisher
Aug 24, 2026 at 1:57 PM UTC · 5 分钟阅读

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bitcoin
Market Impact
BTC+2.52%$79,130
Last Updated
3 分钟前
Bitcoin Price Analysis: Will Bitcoin Price Go Up After Reclaiming the Bull Market Support Band?
$BTC surged sharply on the weekly chart, breaking above the descending trendline that had capped every rally since last September, and reclaiming the Parabolic SAR level at $58,153.20 well before the current session, confirming the shift in trend. Price is now consolidating near $76,914.81 after touching a weekly high of $77,808.93, pulling back slightly by 1.05% this week.
Weekly RSI has climbed to 55.67, moving decisively above the RSI moving average at 40.75 and back above the neutral 50 line for the first time since earlier this year, a sign momentum has genuinely turned. Three horizontal resistance zones sit above current price near $82,000, $97,000, and $115,000, marking prior consolidation ranges from the downtrend that $BTC will need to work through on the way back up.
Market Context
Bitcoin
BTC
$79,110
+2.49% (24H)
Market Cap
$1.58T
24H Volume
$30.2B
24H High
$79,385
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