Bitcoin Price Prediction Breaks Fair Value Gap Ahead Of Trump’s Friday Speech
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Bitcoin traded near $76,712 on August 21 after breaking above a weekly fair value gap around $74,092, supported by $606.29M of Bitcoin ETF inflows on August 20 (the largest single-day inflow since May 1) and roughly $4 billion in short-seller liquidations over four days. The technical breakout and ETF demand signal bullish momentum for crypto price and adoption, but markets face short-term liquidity risk and potential volatility ahead of President Trump's Friday speech as remaining bids are absorbed.
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- BTC trades near $76,712 on August 21, breaking above a weekly fair value gap near $74,092
- Bitcoin ETFs pulled in $606.29M on August 20, the largest single-day inflow since May 1
- Short sellers lost $4 billion over four days, the largest liquidation streak in crypto history
The BTC price prediction stays firmly bullish after price broke cleanly above a weekly fair value gap, a zone of unfilled buying pressure that had capped the market since June. With price now pushing into liquidity resting above, the question is whether that liquidity gets absorbed before President Trump speaks in South Carolina on Friday.
Bitcoin Price Analysis: Will Bitcoin Price Go Up After Clearing Its Weekly Fair Value Gap?
BTC broke sharply higher out of a weekly fair value gap that had formed between roughly $68,000 and $74,092, a price zon…
Read The Full Article Bitcoin Price Prediction Breaks Fair Value Gap Ahead Of Trump’s Friday Speech On Coin Edition.
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Criptomonedas
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-2.05%Mercados de predicciones
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En esta nota
Criptomonedas
$ 76.87K
-2.05%Mercados de predicciones
Vea en qué se centran los traders
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