Bitcoin broke $80,000 on August 25th, for the first time in almost 15 weeks. Over the past eight trading days, the BTC accumulated an increase of about 28 per cent, with a one-time breakthrough of $81,000. At the lower end of June, this round is close to 38 per cent.

ETF financial return drive

The real bitcoin ETF in the United States recorded a net inflow of about $1.92 billion in the week ending August 21, making it the strongest single-week record since October 2025. Five consecutive trade days of inflow became one of the clearest sources of incremental purchases in the current round.

In addition to the return of cash flows, the increase was amplified by the fallback. The short-line fluctuations were further pushed by traders who had previously been betted downwards, having been forced to calm down after fast up prices. However, such purchases are usually limited in duration and market follow-up depends on the continuation of ETF and spot demand.

$80,000 to $82,000 into short-line observation compartments

On the whole, $80,000 to $82,000 has become the main area of resistance that Bitcoin currently faces. This sector corresponded to the upper part of the May trade zone, where there had been more pressure to sell in the preceding period.

If the price is stable on this line, it means that the buyout after the rebound continues; if the breakout fails, the market may move to a sorting, with a closer support area of between $76,000 and $78,000.

Some of the dynamic indicators still show a strong inflow of funds, but the short-lines are also close to the level of the heat. The report mentions that the financial flow index has risen to 77.22, close to the common over-purchase threshold of 80; this does not necessarily mean a fall, but suggests a marked acceleration in this round.

Macroeconomic liquidity and inflation data as a follow-up variable

The market is also concerned about the recent expansion of the long-term bond buy-back operation by the United States Treasury Department. On August 19, the United States Department of the Treasury indicated that the single cap for partial liquidity support operations would be raised from $2 billion to at least $4 billion, with implementation from September 9 to November 4.

This adjustment is not in itself equivalent to the QE of the Federal Reserve and there is no official conclusion that it directly contributed to the increase in bitcoin. However, once the return on long-term United States debt fell after the news was released, market expectations of liquidity improved, and risk-asset sentiment abated.

Next, the market will turn its attention to the July data on personal income, expenditure and PCE inflation published in the United States on August 26. The PCE is the key inflation indicator for the Fed. If the data are higher than expected, it is possible to push higher rates of return on United States debt and curb risk preferences; if the data are weak, it is likely to continue to support the current rebound.