Daily News 19

Tag: Bitcoin market outlook

  • Bitcoin Faces Critical Two Weeks as Wintermute Reveals Key Price Levels: “The Next Two Weeks Are Very Critical,” and “Below This Is…

    Bitcoin Faces Critical Two Weeks as Wintermute Reveals Key Price Levels: “The Next Two Weeks Are Very Critical,” and “Below This Is…

    Bitcoin rose above $81,000 last week before falling back to approximately $78,000 after Federal Reserve Chairman Kevin Warsh delivered a hawkish speech in Jackson Hole. With BTC trading near $78,000 in recent days, cryptocurrency market maker Wintermute has outlined its latest expectations for Bitcoin.

    Bitcoin Could Trade Between $75,000 and $82,000 Before the Fed Meeting

    Wintermute expects Bitcoin to remain between $75,000 and $82,000 until the Federal Open Market Committee (FOMC) meeting scheduled for September 15–16.

    According to Wintermute’s latest market analysis, Warsh’s speech at the Jackson Hole Annual Meeting increased expectations of a September rate hike to 64.4%. The company expects the September FOMC meeting to become a major catalyst for risk assets, particularly cryptocurrencies.

    Wintermute said market expectations for interest rates will be a decisive factor in Bitcoin’s next move. Economic data due during the first two weeks of September could significantly alter those expectations ahead of the FOMC meeting.

    US nonfarm payrolls data, scheduled for release on September 4, will be closely watched for its potential impact on interest-rate expectations and the direction of BTC.

    $82,000 Resistance Remains Key for Bitcoin

    Wintermute also noted that Bitcoin has faced repeated selling pressure near $82,000 following its recent rally. The company identified the following key levels:

    “$82,000: As a significant resistance$75,000: As the first significant support$72,000: As a critical support”

    Wintermute warned that a weekly Bitcoin close below $72,000 could alter the current market outlook. Below that level, the company sees no clearly defined support zone, potentially increasing the risk of further declines.

    In the current market environment, Wintermute considers a pullback toward $75,000 a healthier short-term move for Bitcoin. Such a decline could clear leveraged positions before the market makes another attempt to move higher.

    Based on this outlook, Wintermute expects Bitcoin to consolidate within the $75,000–$82,000 range until the September FOMC meeting.

    This is not investment advice.

  • Experienced Analyst Claims Bitcoin Has a “Hidden Bearish Divergence”

    Experienced Analyst Claims Bitcoin Has a “Hidden Bearish Divergence”

    Bitcoin Faces Bearish Divergence as $80,000 Resistance Holds

    Crypto analyst Rekt Capital has identified significant technical resistance near $80,000 on Bitcoin’s daily chart, while a hidden bearish divergence has emerged between Bitcoin’s price and the Relative Strength Index (RSI).

    Bitcoin Rebounds Toward $80,000

    According to the analyst, Bitcoin’s lows in February and June 2026 formed in similar price ranges, with the RSI reaching comparable oversold levels during both periods. After each bottoming move, Bitcoin recovered toward the $80,000 level.

    However, Rekt Capital highlighted a key difference between the current market structure and Bitcoin’s surge in May 2026. Although Bitcoin has again climbed toward $80,000, its latest peak remains below the previous high. At the same time, the RSI has moved above its earlier level and formed a higher peak.

    Hidden Bearish Divergence Signals Risk

    In technical analysis, a pattern in which price forms lower peaks while the RSI records higher peaks is known as hidden bearish divergence. It can indicate that the current upward momentum lacks confirmation from price action and that selling pressure may increase.

    Rekt Capital said this negative technical outlook will remain in place unless Bitcoin breaks above the resistance zone near $80,000 and establishes a new, higher peak.

    This is not investment advice.