Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin rebounds near $76,600 after hitting $57,700, confirming trader Brandt's forecast range but with delayed timing.

Technical Signals
23 Aug 2026
Crypto news
View Source
Bullish
Bitcoin rebounds near $76,600 after hitting $57,700, confirming trader Brandt's forecast range but with delayed timing.

Bitcoin recently traded near $76,600 after dipping to around $57,717 in July, aligning with veteran trader Peter Brandt's forecast of $58,000–$62,000, though the timing was off. Brandt initially predicted the price would reach this range within two weeks in January but it took months to materialize during 2026. He later abandoned his bearish outlook after a bullish inverse head-and-shoulders pattern completed, buying the breakout. The rally was supported by $1.92 billion inflows into U.S. spot Bitcoin ETFs and short liquidations, while U.S. Treasury's decision to double long-dated bond buybacks improved market liquidity, boosting Bitcoin and other scarce assets. The key test now is whether Bitcoin can hold above $79,500 and challenge $80,000 next.

More News (BTC)

World Network launches World Money app, boosting WLD price 15% with new trading and payment features.

World Network launches World Money app, boosting WLD price 15% with new trading and payment features.

World Network launched its self-custodial financial app, World Money, in 150 countries, integrating trading, stablecoin payments, and mini-apps like Stripe and Kalshi. The launch sparked a 15% price surge in the WLD token and increased market interes...

Market News
Bullish
4 hours ago
Memecoin market gains 5% in a week, Shiba Inu leads but faces key resistance at $0.0000055.

Memecoin market gains 5% in a week, Shiba Inu leads but faces key resistance at $0.0000055.

The memecoin market outperformed Bitcoin and Ethereum over the past week with a 5% gain, led by strong performances from Shiba Inu (SHIB), which rose 6.37% weekly. Despite recent bullish momentum, SHIB faces a critical resistance zone at $0.0000055 t...

Technical Signals
Bullish
5 hours ago
Bitcoin shows signs of bullish trend despite volatility and cautious market outlook.

Bitcoin shows signs of bullish trend despite volatility and cautious market outlook.

Bitcoin is moving away from a weakness zone and may enter a stronger bullish phase, according to CryptoQuant's analysis. Although the market has not yet experienced extreme speculative mania, Bitcoin's price rose 2.5% to $78,240.79, with indicators s...

Market News
Neutral
7 hours ago
Bitcoin breaks $80,000 despite stalled crypto legislation, with Solana and Hyperliquid also surging.

Bitcoin breaks $80,000 despite stalled crypto legislation, with Solana and Hyperliquid also surging.

Bitcoin surged past $80,000, reaching $80,240 during early trading, even as the Clarity Act, a key crypto regulatory bill, remains stalled in the U.S. Senate. This rally occurred alongside notable gains in Solana, which rose to $37, and Hyperliquid, ...

Market News
Bullish
10 hours ago
Bitcoin rebounds to two-week highs despite inflation, Fed and BOJ rate hikes, and Senate bill rejection.

Bitcoin rebounds to two-week highs despite inflation, Fed and BOJ rate hikes, and Senate bill rejection.

Bitcoin experienced a volatile week influenced by U.S. inflation data, the Federal Reserve's 25 basis point rate hike, and the Senate's rejection of the CLARITY bill. Despite initial price drops following these events, Bitcoin recovered steadily, rea...

Market News
Bullish
16 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App