Back to Guavy Wire

Crypto

Bitcoin Stalls at $79,789.69 as Momentum Cools

Guavy AI Editorial Team Published August 28, 2026

Instruments

BTC

Bitcoin has stalled near the $80,000 mark at $79,789.69 as of August 28, 2026.

The daily chart shows strong momentum, with price trading well above its moving averages and a wide gap between spot and its EMAs.

However, the hourly chart reveals early signs of fatigue, with the MACD turning mildly negative and price trading below its EMA50 support.

This consolidation is significant because Bitcoin's surge past $80,000 was rapid and headline-driven, fueled by fresh US ETF inflows.

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.

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