Bitcoin Surges Above $80,000, Analysts Warn of Potential Pullback

Bitcoin has regained its footing above the $80,000 mark, reaching an intraday high of $81,003.35 on September 3, 2026.

The price action suggests that BTC is testing the upper Bollinger Bands resistance at $80,533.04, while the Relative Strength Index (RSI) sits at a reading of 70.48 in overbought territory.

Additionally, the Moving Average Convergence Divergence (MACD) has registered a bullish golden cross at 329.35, indicating potential upward momentum.

Despite the surge, analysts warn that a measured pullback toward the 50-Exponential Moving Average (EMA) support level of $77,816.1 is likely before the next leg higher.