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Bitcoin reclaims key levels signaling 80% confirmation of market bottom, eyes $82K close for full confirmation.

Technical Signals
29 Aug 2026
The Daily Hodl
View Source
Bullish
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Bitcoin has regained several important technical levels that typically mark the end of bear markets, including the $67,000 local structure and the 1D 200 SMA and EMA. Analyst Skyodelic notes Bitcoin has completed 80% of the data needed to confirm the market bottom, but a weekly close above $82,000 is required for full confirmation. If Bitcoin surpasses $82,000 this week, it could quickly rise toward $90,000; otherwise, it may dip to $75,000 before a breakout. The coming week and month will be crucial to confirm the trend reversal.

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