Bitcoin Slips To $77,832 After A 24.95% August As Rate-Hike Bets Reach 66.4% — $77,057 Floor Separates $91,719 From $62,207

Bitcoin (BTC-USD) opened Tuesday at $78,571 on Bitstamp, pushed to $79,184, then sold off to $77,767 and settled near $77,832 — 0.93% below the daily open. The 24-hour range is $77,200 to $79,200. Market capitalization sits at $1,582,697,267,295 on a circulating supply of 20 million coins, with $31.98 billion in 24-hour volume and dominance at 57.68%.

The open was constructive and the follow-through was not. Bitcoin opened 1.1% above Monday's opening price at $78,559.11 and was down at $77,945.97 by 8:19 a.m. ET. Ethereum ran the identical pattern, opening at $2,467.13 for a 2% gain and fading to $2,454.23. Gold did the same thing, dropping 1.24% to $4,426.10. Three uncorrelated assets, one identical intraday shape — that is a single macro variable repricing all of them simultaneously.

The variable is the Federal Reserve. CME FedWatch puts a 25 basis point September hike at 66.4%, with 33.6% on a hold. One week ago the market priced 39.6% hike and 60.4% hold. That is a 27-percentage-point flip in five sessions, and it happened after the Jackson Hole keynote on August 28 in which the Fed chairman put PCE inflation at 3.7% year over year and 4.1% annualized over six months, and said the summer readings do not tell him underlying trends have improved.

Monday's close was $78,549, a gain of 1.13% that kept BTC pinned below the $80,000 threshold it tested twice in August. September futures settled near $79,040 with no liquidation cascade — an orderly session, not a flush.

The thesis for this forecast: Bitcoin's 24.95% August was bought by exchange-traded funds and a short squeeze, not by spot conviction, and the entire structure now rests on a single price. Below $77,057 there is an air pocket to $62,207. Above a daily close at $82,656 the range resolves toward $91,719. Everything between those two numbers is chop, and the hard fork splitting off the chain today is not the reason the tape moves either way.

The 10-year Treasury at 4.786% and 66.4% hike odds are.

August's 24.95% Run Was A Short Squeeze, Not Accumulation

Bitcoin gained 24.95% in August, its strongest month since November 2024. It still trades 9.62% below where it started the year, and 39% below the all-time high of $128,198.07 set on October 6, 2025.

The mechanics of that run matter more than the percentage. Price moved from below $63,000 to a high of $81,428 inside a single week — the second-largest weekly gain of the past five years. A rally of that magnitude normally comes with a surge in leveraged risk-taking. This one did the opposite. Bitcoin-denominated futures open interest fell to a five-month low during the move, which means short liquidations and position closures supplied the buying rather than fresh long capital. Crypto-margined open interest dropped to an all-time low near 52,000 BTC, accounting for 11% of total market activity.

That is the definition of a squeeze. Shorts were forced to buy back, price gapped through resistance, and the positions that closed did not get replaced by new conviction longs. The tell is what happened after: two failed runs at $80,800 to $81,400 since August 23, repeated wicks into $76,800 to $77,200, and a weekly candle that opened near $77,000, ripped to $81,455, slid to $76,877 and closed at $77,838 — a round trip that ended within $838 of where it started.

Chop, not conviction. The current $77,832 print sits in the exact middle of that weekly range.

The 4-hour structure confirms it. Buyers showed up repeatedly at $77,000 to $77,700. The middle zone runs $78,500 to $79,000. The ceiling is $81,200 to $81,500. Tuesday's live candle opened at $78,605, reached $78,630 and dropped to $77,767 — another test of the floor rather than a confirmed breakdown.

The distinction between squeeze-driven and demand-driven rallies is not academic. Squeeze-driven moves leave no residual bid underneath. When the forced buying stops, the price has nothing supporting it except whatever spot demand existed before the move began, and that demand was clearing near $63,000 three weeks ago. The gap between $63,000 and $77,832 is unfilled by any structural buyer other than the ETF complex.

Which is exactly where the next question sits.

The $3.52 Billion ETF Month And The Historical Pattern That Follows It

US spot Bitcoin ETFs took in $3.52 billion during August. Only 5 of 21 sessions saw net redemptions. That single month reversed the entire year: across January through July the same funds bled a net $5.30 billion.

The streak inside the month was the strongest structural signal Bitcoin produced all year. Nine consecutive days of net inflows totaling roughly $3.04 billion ran through August 27, the longest run since April. It broke Friday, August 28 with a $201.9 million redemption day, then resumed Monday, August 31 with $216.7 million in fresh creations.

Cumulative net inflow across the complex since launch now stands at $54.85 billion, with $99.61 billion in total net assets.

The historical precedent for a $3 billion-plus month is the part that should temper any forecast built on flow momentum alone. Twelve months since these funds launched have drawn $3 billion or more. Bitcoin fell in the month immediately following seven of them. The average return in those following months is 0.13%, against 2.93% for an average month. Seasonality points the same direction — September is historically the weakest stretch on the calendar for risk assets broadly, and it carries a Federal Reserve decision on September 16 this year.

That does not make August's flow bearish. It makes it fully priced. The market has already paid for $3.52 billion of institutional demand, and the price it paid was a move from $63,000 to $81,428. For the next leg, the flow has to continue at the same run rate against a rising discount rate, or the price has to find a different marginal buyer.

The composition of Monday's $216.7 million tells you where the demand is concentrated. IBIT took in $205.9 million — 95% of the entire complex's net creation. Fidelity's FBTC added $6.9 million, the Grayscale Mini Bitcoin Trust $9.4 million, Bitwise's BITB $4.3 million and Morgan Stanley's MSBT $3.6 million. VanEck's HODL was the only outflow at $13.4 million.

One fund is carrying the tape. That is a concentration risk, not a diversification story, and it defines the flow-side scenario for September.

IBIT's $63.36 Billion Base And What A Single-Fund Bid Means

BlackRock's iShares Bitcoin Trust (IBIT) pulled in $938 million during the week of August 24-28 against a $924 million net for the entire complex — meaning every other fund combined was a net $14 million redemption while IBIT absorbed everything. Its cumulative historical net inflow now stands at $63.36 billion. The Grayscale Bitcoin Mini Trust was second at $81.83 million weekly, bringing its total to $2.86 billion.

Monday repeated the pattern at a smaller scale: $205.9 million of $216.7 million.

There are two ways to read a single-issuer bid this dominant. The constructive read is that IBIT has become the default institutional access point, that allocations flowing through wealth platforms and model portfolios route there by policy rather than by view, and that this makes the flow stickier and less price-sensitive than the flows into smaller funds. Sticky flow is exactly what a 24.95% monthly move needs to hold.

The bearish read is concentration. When 95% of a day's creation comes from one issuer, the aggregate number stops describing broad demand and starts describing one distribution channel. If that channel's allocation cycle pauses — quarterly rebalancing, a model-portfolio adjustment, a platform-level risk-off signal — the complex flips negative without any change in underlying investor sentiment. Friday's $201.9 million redemption day, led by ARKB at $114.9 million, showed how fast the aggregate turns when the dominant fund does not offset.

The $99.61 billion in total net assets against $54.85 billion of cumulative net inflow shows the appreciation embedded in the vehicle. Roughly $45 billion of that asset base is mark-to-market gain, not new money. That matters for redemption mechanics: a sustained drawdown compresses the asset base faster than it compresses the flow, and funds that hold appreciated positions face different tax-driven redemption behavior than funds sitting on cost.

For the forecast, the flow rule is straightforward. Sustained daily creations above $200 million keep the $77,057 floor intact and give the $79,200 to $79,400 resistance zone a chance to break. A return to the pattern that ran January through July — a $5.30 billion net bleed over seven months — removes the only structural buyer standing between the current price and the low $60,000s. Everything else in this forecast is subordinate to that variable.

66.4% Hike Odds Make Bitcoin A Rates Asset Again

CME FedWatch prices a 66.4% probability of a 25 basis point increase at the September 15-16 FOMC meeting, with 33.6% on a hold. A week ago the split was 39.6% hike, 60.4% hold. Prediction markets have run similar numbers, with the odds jumping to as high as 69% for a 2026 hike immediately after the Jackson Hole speech.

That repricing is the single largest input into every crypto chart on the board right now.

The chairman's Jackson Hole framing gave the market three things. PCE inflation at 3.7% over the past year and 4.1% annualized over six months. A labor market described as stable and consistent with full employment, with unemployment at 4.1%. And an explicit statement that the summer's better-than-expected inflation readings do not indicate underlying trends have meaningfully improved. He added that wage growth has not been a reliable inflation indicator for a very long time, which strips out the main dovish offset in the reaction function.

He stopped short of calling for a hike. The market did the calling for him.

The mechanism through which this hits Bitcoin is direct rather than narrative. A non-yielding asset competes against the risk-free rate on every allocation screen. When the 10-year Treasury trades 4.786% and the front end prices tightening rather than easing, the opportunity cost of holding a zero-coupon store of value rises in real time. The same force that pushed gold down 1.24% to $4,426.10 on Tuesday morning pushed Bitcoin from $79,184 to $77,767.

Bitcoin has held up better than equities during this repricing. Nasdaq 100 futures were down 1.11% while BTC fell 0.4% since midnight UTC, and BTC held steady through Sunday's US strikes on Iran that sent oil higher and stocks lower. Relative strength is real.

Absolute direction is what pays. The next two catalysts are Tuesday's JOLTS print, forecast at 7.3 million openings against 7.359 million prior, and Friday's August employment report, forecast at 55,000 payrolls with unemployment holding at 4.1%. A strong payroll number lifts yields further and tests the overnight low at $77,200 directly.

The Global Bond Rout, A 3% JGB And A Yen Through 160

The rate pressure on Bitcoin is not a US phenomenon this week. It is synchronized across every major sovereign curve at once.

Japan's 10-year government bond yield hit 3.00% on Tuesday for the first time since 1996. Germany's 10-year Bund pushed to 3.3546%, its highest since 2011, with the 2-year Bund at 2.9496%. The 10-year gilt sits at 5.23% after UK yields jumped 10 basis points. The French 10-year OAT trades 4.21%. The US 10-year reached 4.786%, the highest since January 2025, and the 30-year cleared levels last seen in 2007.

The energy input driving it is live. Brent trades $92.04 and WTI $87.96 after two oil tankers were struck by projectiles in the Strait of Hormuz overnight, following Sunday's US strike on Iranian rocket launchers on Larak Island. Crude is up 50% year to date. An energy-driven inflation impulse feeding into sovereign curves that are already carrying record issuance is the exact configuration that compresses every long-duration valuation on earth — and Bitcoin, with no cash flows and a terminal-value story, is the longest-duration asset in the market.

The yen broke through 160, past the level that has previously drawn intervention. Dollar strength from rate-hike positioning is the same force capping crypto. A 3% JGB also makes yen-funded carry trades materially less attractive, which thins the leverage pool that has historically financed a portion of global risk-asset positioning.

There is a counterargument, and it is the one Bitcoin holders lean on. The US debt load has passed $40 trillion. Sovereign curves breaking to multi-decade highs on fiscal concern rather than growth is precisely the debasement thesis Bitcoin was built to express. Every basis point of term premium demanded for holding government paper is an argument for a fixed-supply alternative.

That argument is correct on a multi-year horizon and irrelevant on a two-week one. In the short run, higher real rates are a headwind regardless of what caused them, because the marginal allocator is comparing 4.786% against zero. The debasement trade pays after the rate shock is absorbed, not during it. September 16 is when the market finds out which regime it is in.

$77,057: The Only Level That Actually Matters

Every scenario in this forecast pivots on one number. $77,057 is the floor the current range has held since the breakout, and losing it removes structural support all the way down to $62,207.

The levels stack tightly above it. Tuesday's session low is $77,767. Immediate support sits at $77,700. Below that is the $77,000 to $77,200 pocket, with $77,100 identified as the specific level where the range has been defended. The August weekly low is $76,877. Beneath $76,800 the chart has no tested support until the low $70,000s, and beneath $77,057 the structural gap opens toward $62,207 — the zone where price was clearing before the squeeze.

That $14,825 gap between $77,057 and $62,207 is the entire risk in this setup, and it exists because the August rally was squeeze-driven. Forced short covering does not build a volume shelf on the way up. It leaves a vacuum.

The positioning data quantifies the trigger. Binance alone carries $3.00 billion in long liquidation leverage below the current price against $1.80 billion in short leverage above it. That is a 1.67-to-1 asymmetry pointing down. A modest decline through $77,000 does not just break a technical level — it activates a cascade of forced selling that is nearly twice the size of the corresponding upside squeeze fuel. That is the opposite of the setup that produced August's rally, where the imbalance sat above the price.

Open interest has held steady near $136 billion while volume dropped 7%, and the 24-hour taker buy-sell ratio has stayed balanced for a second consecutive day. Traders are adding neither longs nor shorts. They are waiting. That is a coiled configuration, and coiled configurations resolve violently in whichever direction the first real catalyst points.

Separately, coin-denominated open interest has been dropping while funding rates rise — leverage overall is declining, but the long side is becoming more crowded within a smaller pool. That combination raises long-liquidation risk specifically.

The practical rule: as long as daily closes hold above $77,057, the range thesis stands and dips into $77,200 are buyable against a defined stop. A daily close below it invalidates the entire structure and the next real bid is $62,207.

Resistance At $79,400, $81,428 And The $82,656 Trigger

The upside map is equally specific and requires more work than the downside.

Immediate resistance is $79,200 to $79,400 — the zone that rejected Tuesday's $79,184 high. Above that sits the $80,000 psychological threshold Bitcoin has failed twice in August, followed by $80,318, which is the average price Strategy paid for its most recent 4,603 coins and therefore a level with real corporate cost-basis behind it. Then the $80,800 to $81,400 band that produced two failed runs since August 23, and the August high itself at $81,428, with the intraday extreme at $81,455.

The actual trigger is higher than all of that. A daily close above $82,656 is what opens $91,719. Only a move through $91,719 would argue the bull phase has resumed, with $100,782 as the extension beyond it. That is a 6.2% move from $77,832 just to reach the trigger, and a 17.8% move to reach the first target above it.

Volume has to come with it. Buying volume only began recovering in late August, and the two failed attempts at $81,000-plus both came on declining participation. A breakout on the same volume profile that produced the last two rejections is a fourth rejection, not a breakout.

The scenario tree from here runs three ways. ETF inflows resuming at August's run rate sends BTC back toward $81,500, where the fourth test of that ceiling gets decided. Consolidation between $77,000 and $80,000 into the September 16 Fed decision is the base case and the highest-probability path — it fits the balanced taker ratio, the flat open interest and the compressed volume. A break below $76,800 opens a retest of the low $70,000s and, if $77,057 goes on a closing basis, the $62,207 gap.

Probability weighting on those three: consolidation carries the majority, with the downside break running ahead of the upside breakout given 66.4% hike odds and $3.00 billion of long liquidation leverage sitting underneath the price. The $100,000 year-end targets still circulating in the market require both the September Fed decision to disappoint the hawks and ETF flows to sustain August's pace through Q4. Neither is impossible. Both together, from $77,832, is a demanding ask.

Binance's 687,000 BTC Reserve And The Distribution Question

The exchange reserve data cuts against the bullish flow narrative and deserves weight.

Binance's Bitcoin reserves climbed to approximately 687,000 BTC, the highest level recorded in 2026, up sharply from near 617,000 BTC in late April. That is 70,000 coins — roughly $5.4 billion at current prices — moving onto a single exchange over four months.

Rising exchange balances have one straightforward interpretation. Coins move onto exchanges to be sold. They move off exchanges into cold storage to be held. A 70,000 BTC increase in the largest venue's reserve during a period when price rallied 24.95% describes holders positioning to distribute into strength, not accumulating for a continuation.

The corroborating signal is stablecoin reserves, which have been shrinking on exchanges over the same window. Falling stablecoin balances mean less dry powder sitting on venue waiting to bid. Rising Bitcoin balances plus falling stablecoin balances is the exact inventory configuration that precedes distribution: more supply available to sell, less capital available to absorb it.

Set against the ETF flow, this produces the defining tension of the current tape. Funds bought $3.52 billion in August. Everyone else was selling into it. Those two facts are not contradictory — they describe a transfer of coins from existing holders to new institutional vehicles at prices between $63,000 and $81,428. That transfer is healthy for the long-term holder base composition and dangerous for short-term price if the institutional bid pauses even briefly, because the selling side has demonstrated it will supply into any strength.

Network fundamentals add a separate consideration. Hashrate has drifted lower through 2026 as miners redirect power toward artificial intelligence compute contracts, which pay more reliably than block subsidy plus fees at current difficulty. Bitcoin recorded $161,603 in fees over the past 24 hours — a thin fee market that does not compensate for the subsidy schedule and reinforces the economics pushing hashrate toward AI.

Lower hashrate does not break Bitcoin. Difficulty adjusts. But it does mean the marginal miner is a seller of production rather than a holder, and it removes one historical source of supply absorption from the equation at exactly the point where exchange inventory is building.

Strategy Pays $80,318 For 4,603 BTC And The Corporate Bid Returns

The largest corporate holder came back to the market last week, and the details of how it came back are more informative than the headline.

Strategy acquired 4,603 BTC for $369.7 million between August 24 and August 30 at an average price of $80,318 inclusive of fees, lifting holdings from 840,447 to 845,050 BTC. Aggregate cost across the full position is $63.73 billion at an average of $75,412 per coin. Total USD assets stand at $6.71 billion with net leverage at 0.0%. The purchase was disclosed in a filing with the SEC on Monday.

The funding structure is the tell. Strategy sold 4.53 million Class A common shares for net proceeds of $602.8 million, then allocated $369.7 million to Bitcoin, $151.8 million to repurchasing STRC preferred shares, $50.7 million to STRC dividends and $30 million to its USD Cash account. The $5.10 billion USD Reserve was left untouched, consistent with the board policy restricting it to preferred dividends and debt interest.

This was the first purchase since June 22, when the company added 520 BTC and held 847,363. Between that date and last week, Strategy sold roughly 6,916 BTC for $432.5 million at prices between $59,000 and $64,000, under the Digital Credit Capital Framework adopted June 29 that authorized bitcoin sales for reserve funding, dividends, interest and buybacks.

The arithmetic is uncomfortable. The company sold near $59,000 to $64,000 and bought back at $80,318. That is a realized round-trip loss on the traded portion, and it is the direct consequence of running a treasury as a financing vehicle rather than a pure accumulation vehicle. Holdings today at 845,050 remain below the 847,363 peak.

For the market the relevant question is whether the corporate bid is structural again or opportunistic. Equity-funded purchases at a $602.8 million clip only work while MSTR trades at a premium that makes share issuance accretive to bitcoin per share. Shares fell more than 7% on Friday before recovering 1% to 2% in Monday's premarket on the disclosure. If that premium compresses, the mechanism that generated $369.7 million of spot demand last week stops functioning — and the same framework that authorized buying also authorizes selling.

The BLAKE2b Fork Splits Today And It Is Noise, Not A Catalyst

A chain splits away from Bitcoin on September 1, and the price impact should be approximately zero.

The fork swaps the hashing algorithm from SHA-256d to BLAKE2b, which renders every existing Bitcoin mining machine useless on the new chain. That is a deeper intervention than any prior split — Bitcoin Cash in 2017 broke away with far more support and kept the mining algorithm intact. Bitcoin Cash trades near $215 today, roughly 0.3% of Bitcoin's price.

The support numbers explain why this is not a market event. BIP-110, the anti-spam soft fork behind the movement, needed 55% miner signaling. It peaked at 2.53%. Its minority chain stalled on August 8 after mining two blocks. Backers then regrouped around a September breakaway coin with a different proof-of-work rather than accept the signaling result.

The institutional fallout has already happened. Luke Dashjr resigned as chairman and chief technology officer of the mining pool OCEAN, which repurchased all of his equity. OCEAN's hashrate fell 96% in August after the pool routed customer power to the minority chain for roughly 18 hours without clear miner consent. He now refers to the main chain as "Spamcoin" and has channeled the effort into a separate project called CONVOY.

The one practical item for holders is replay risk. Both chains share transaction history prior to the split, so the same historical UTXO exists on each network controlled by the same private key. Replay protection would remain opt-in rather than enforced, and Dashjr's stated position is that replay protection is the main chain's responsibility. Holders do not need to move, exchange or unlock anything, according to the project's own documentation, but wallet software choice determines which chain a transaction broadcasts to.

The economics settle it. Hashrate has drifted lower all year as machines migrate to AI contracts, which thins the pool of hardware any breakaway chain could recruit — and BLAKE2b requires hardware that does not exist at scale. A chain with 2.53% peak signaling, no compatible mining fleet and no exchange commitments is not competing for Bitcoin's $1.58 trillion of liquidity.

Trade the rates, not the fork.

Altcoin Season At 26 And Dominance At 57.68% Confirm Defensive Positioning

The relative-strength picture inside crypto tells you what kind of tape this is.

The Altcoin Season Index fell to 26 out of 100 from 34 on Friday, the lowest reading in more than 90 days. Bitcoin dominance stands at 57.68%. Ethereum trades $2,446 to $2,467, Solana $102 to $103, and XRP $1.37 to $1.379. Ether, solana, tron and dogecoin all shed ground over 24 hours.

A collapsing altcoin season index alongside rising dominance is defensive rotation inside the asset class. Capital consolidates into the largest, most liquid, most institutionally accessible instrument when the macro backdrop turns hostile, and it does that before it exits the asset class entirely. Dominance rising through a rate-hike repricing is Bitcoin behaving like the crypto complex's safe haven — which is constructive relative to altcoins and neutral in absolute terms.

The exceptions prove the rule. Arbitrum jumped more than 30% after Robinhood Chain's 24-hour transaction revenue passed $2 million, with 10% of net protocol revenue routing back to the Arbitrum ecosystem. HYPE added roughly 4%. Both moves were revenue-driven and idiosyncratic rather than beta to a rising market. When the only tokens working are the ones with a specific cash-flow catalyst, the risk appetite that lifts everything is absent.

Institutional and regulatory developments cut both ways this week. Sberbank has moved to accept Bitcoin, Ethereum and Tether as loan collateral, contingent on new crypto rules taking full effect and central bank permission for public circulation. Webull expanded crypto trading into Canada through Coinbase. Ireland excluded crypto from its new tax-advantaged investment accounts. In Latin America, stablecoins now carry more than 90% of digital asset flows — adoption running through the dollar-pegged layer rather than through Bitcoin itself.

None of these move the September price. They describe the direction of the structural adoption curve, which has continued regardless of what the tape does month to month, and which is the actual foundation under any multi-year forecast.

For the near term, the read is straightforward. Dominance at 57.68% with the altcoin index at 26 means there is no speculative overflow available to lift Bitcoin from below. The next dollar of demand has to come from ETF creations or corporate treasuries, and both of those are macro-dependent rather than sentiment-dependent.

Forecast: The Base Case Is $77,000 To $80,000 Into September 16

Weighting the evidence produces a defined distribution rather than a single number.

The base case is consolidation between $77,000 and $80,000 into the September 16 Fed decision, and it carries the highest probability. It fits the balanced taker buy-sell ratio holding a second straight day, open interest flat near $136 billion, volume down 7%, and a market waiting for a directional cue that arrives Friday with payrolls and confirms on September 16 with the FOMC statement. In this scenario BTC-USD chops between $77,057 and the $79,200 to $79,400 resistance band, wicks into $77,200 get bought, and $80,000 caps every attempt.

The bull case requires ETF creations sustaining above $200 million daily. That returns price to $81,500 for a fourth test of the August ceiling. Clearing it and closing above $82,656 on a daily basis opens $91,719, a 17.8% move from $77,832, with $100,782 as the extension. This path needs the September hike to get priced out — meaning a payroll print materially below 55,000 or an inflation surprise to the downside — and it needs volume expansion that has not yet appeared.

The bear case triggers on a daily close below $77,057. Binance's $3.00 billion of long liquidation leverage sitting beneath the price against $1.80 billion above creates a 1.67-to-1 asymmetry pointing down, and the squeeze-driven nature of the August rally means there is no volume shelf between $77,057 and $62,207 to absorb the cascade. A break below $76,800 puts the low $70,000s in play immediately, and losing the range floor on a closing basis makes $62,207 the next tested bid. A strong August payroll number Friday is the most direct route to that outcome.

Structural support beneath all three scenarios: $54.85 billion of cumulative ETF inflow with $99.61 billion in net assets, 845,050 BTC held by the largest corporate treasury at a $75,412 average cost, and a $1.58 trillion market capitalization with 57.68% dominance. Structural risk: 687,000 BTC sitting on one exchange at a 2026 high, a $5.30 billion seven-month outflow pattern that August interrupted rather than ended, and seven of the last twelve $3 billion-plus ETF months followed by a down month.

Verdict: neutral-to-bearish into September 16, with $77,057 as the line that separates a range from a repricing. Above it, dips are buyable toward $81,428. Below it on a daily close, step aside — the next real bid is $62,207, and nothing between here and there has been tested.

That's TradingNEWS