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August 21, 2026

Bitcoin sits firmly in a bull trend, well above both its…

Bitcoin sits firmly in a bull trend, well above both its averages after a sharp weekly surge.

BTC $77,680.9, +6.41% on the day. Regime: bull.
OddTick Friday, August 21

Bitcoin sits firmly in a bull trend, well above both its averages after a sharp weekly surge.

$77,680.9 +6.41% bull

Bitcoin trades at 77,680.9, comfortably above its 20-day average near 66,407 and its 50-day average near 65,349 — the kind of separation that defines the current bull regime, with the 20-day above the 50-day and both trending up. The past 24 hours added 6.4% and the past week 23.3%, part of a run that has price up over 18% on the month. The 24-hour range spans roughly 71,080 to 79,511, meaning today's low-to-high swing alone is wider than many weeks see. Sentiment has moved just as fast — the Fear & Greed Index sits at 72 (Greed), up from 29 a week ago, a reminder that positioning can shift quickly in either direction.

Funding on BTC and ETH perpetuals is positive but modest, meaning longs are paying a small premium to stay long rather than showing extreme leverage. Open interest sits near 2,488 BTC-equivalent, a level worth watching for change rather than reading too much into on its own. The rotation reading is negative, pointing to capital leaning toward BTC over alts right now rather than spreading out. As of this writing, order flow over the last 30 minutes was skewed heavily toward selling — a buy ratio of about 21%, with whale sell volume running roughly five times whale buy volume — but this is a short snapshot that can and does flip within the hour, not a description of the day's character.

The ceiling above current price has only been tested twice and sits close by, meaning it hasn't absorbed much selling pressure yet and its durability is still an open question. Below, there's no established floor on record — the recent run up has been fast enough that no support level has formed or been tested, leaving that side of the structure effectively open. That combination puts price sitting near the upper edge of its own recent range, with a tightly worn boundary just overhead and a wide, unconfirmed gap underneath. The band as a whole reads as asymmetric right now: well-defined resistance nearby, no defined support at all.

BTC Snapshot
24-hour +6.41%
7-day +23.34%
20-day average $66,407.37
50-day average $65,348.85
Key Levels
Resistance
tested 2×
$79,511.1
Last price $77,680.9
Support —
Sentiment
Fear & Greed
29 a week ago
72 · Greed
24h range $71,080.2 – $79,511.1
What to take from it
• BTC remains in a confirmed bull regime, trading well above both its 20-day and 50-day averages after a 23%+ weekly gain.
• Funding is mildly positive and open interest steady; a 30-minute flow snapshot showed heavy whale selling, but that reading can reverse quickly and isn't a trend signal.
• The nearby ceiling has only been lightly tested twice, while no support level has yet formed below — the level structure is asymmetric with price near the top of its range.
Headlines
CNBC
Bitcoin on track for 20% weekly gain as investor optimism floods back
Yahoo Finance
Why bitcoin prices are suddenly rallying big-time
Forbes
Bitcoin Tops $75,000 For The First Time Since May As Crypto Surge Continues
Barron's
Bitcoin Heads for Best Week Since 2024 as Trump-Fueled Crypto Rally Rages On
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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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