Back to Guavy Wire

Crypto

Bitcoin Fails to Break $80K, But Buyers Keep Coming Back

Guavy AI Editorial Team Published August 25, 2026

Instruments

BTC

Bitcoin tested its $80,000 resistance level twice but was unable to break through, causing it to drop sharply to around $78,400.

However, buyers stepped in quickly to purchase the asset, pushing its price back above $79,000.

The strong demand from US buyers suggests that bullish sentiment remains intact despite the rejection at the key psychological level.

Market indicators, such as the Coinbase Bitcoin Premium turning positive, support this optimistic outlook for Bitcoin's near-term price action.

More on Crypto

Crypto just now

Bernstein Sees USDC Entering New Growth Phase With $140 Target

Crypto just now

Circle Stock Rebounds Nearly 50%, Despite OUSD Competition

Crypto just now

PancakeSwap Captures Market Sentiment with Recent Tweet

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.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy