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Tuesday, August 25 |
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Bitcoin holds near $79,300, riding a confirmed uptrend after a 23% two-week surge
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Bitcoin sits at $79,302, up about 0.4% on the day and roughly 23% over the past week, putting it at a three-month high. The 20-day average ($70,395) is running well above the 50-day ($67,287), which keeps this market classified as a confirmed bull regime — both averages are trending up and price is trading comfortably above both. The 24-hour range spans from about $77,700 to $81,200, showing the market pushed into new highs before pulling back somewhat. Momentum over the past 24h, 7d, 14d and 30d all point in the same direction, which is a fairly rare alignment. Funding on BTC is sitting just slightly negative, essentially flat, while ETH funding is mildly positive — neither points to aggressive leveraged positioning in either direction right now. Open interest is around 1,850 (BTC-denominated), a level worth watching as a current reading rather than a trend signal on its own. Alt rotation is reading 0.58, suggesting some capital is moving into alternative assets alongside BTC's advance. As of this writing, whale order flow over the last 30 minutes showed more buy volume than sell volume (roughly $208k bought versus $113k sold, a 66% aggressive-buy share), but this kind of short-window flow flips regularly and shouldn't be read as the day's character. Sentiment has swung hard, with the Fear & Greed Index at 74 (Greed), up from 41 a week ago. Price is trading between a floor that's been tested more than thirty times and a ceiling that's only been tested a handful of times, meaning the lower boundary is the more reliably proven one while the upper boundary remains lightly probed. Price currently sits closer to the ceiling than the floor, having pushed toward that upper edge in the past day without a clear, repeated break through it. The band between the two hasn't shown clear signs of tightening or widening yet — it's still early in establishing whether this recent push holds as a new range or gets rejected back toward the more tested support below. |
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24-hour
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+0.43%
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7-day
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+22.61%
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20-day average
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$70,395.14
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50-day average
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$67,287.28
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Resistance tested 5×
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$79,845.86
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Last price
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$79,302
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Support tested 32×
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$77,171.27
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Fear & Greed 41 a week ago
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74 · Greed
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24h range
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$77,708.8 – $81,200
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What to take from it
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BTC trades at $79,302, above both its 20-day ($70,395) and 50-day ($67,287) averages — a confirmed uptrend, up ~23% over the past week. |
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Funding is near flat on BTC and mildly positive on ETH; open interest and alt rotation are current readings, not trend signals. |
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Whale flow leaned toward buyers in the last 30 minutes, but this is a snapshot that can reverse quickly, not a standing condition. |
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Headlines
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OddTick reports what the market is doing, measured by an automated system, for informational
purposes only. It does not make trade recommendations, does not predict prices, and makes no
claim that acting on this information is profitable. Nothing here is financial advice.
Crypto assets are volatile — never trade money you can't afford to lose.
OddTick · Patrick Register · PO Box 472 · Christiansburg, VA 24068
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