Bitcoin Price Prediction Weakens After Rejection at $81K

Bitcoin's price prediction has weakened after it failed to sustain its move above $81,000. According to Crypto Patel, Bitcoin faced resistance between $80,000 and $83,000, with a daily candle forming an inverted hammer after rejection near $81,300.

CryptoQuant data showed Bitcoin futures open interest near $55.8 billion on Aug. 26, with futures volume exceeding $98 billion during the previous 24 hours.

Despite the pullback, spot Bitcoin ETF inflows extended to seven consecutive trading sessions, with SoSoValue data citing $314 million in net inflows on Aug. 25.