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Bitcoin trades near $79.8K amid seller pressure but broader market remains bullish.

Technical Signals
28 Aug 2026
TheNewsCrypto
View Source
Neutral
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Bitcoin is currently trading around $79,800 with sellers temporarily in control, though the overall market trend remains bullish. The price has fluctuated between $78,597 and $81,281 in the last 24 hours, facing resistance near $83,000, a key level that could trigger either a breakout or a buying opportunity if rejected. Technical indicators like MACD and RSI suggest moderate bullish momentum, indicating buyers still have the upper hand despite recent pullbacks. The next major price moves depend on whether Bitcoin can break above $83,000 or if it falls back to support levels around $75,000 to $77,000.

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