Crypto

Bitcoin Bounces Back Above $78K, Eyes $80K Breakout

Guavy AI Editorial Team Published August 31, 2026

Instruments

BTC

Bitcoin has regained its footing after dipping from the upper $79,000 range and is currently trading around $78,500.

The cryptocurrency faces resistance at $79,300-$80,000, but strong moving averages show bullish signals despite mixed momentum indicators.

Experts believe this consolidation is a sign of a broader market shift rather than a temporary spike, with institutional interest and leverage reset supporting a bullish outlook.

The Wire

Keep reading for free.

You've read 3 free articles in the last 24 hours. Create a free account for unlimited access, no card required.

Create free account Already have an account? Sign in

No spam. Unsubscribe anytime.

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

Terms Privacy Policy