Bitcoin was repeatedly convulsed over $80,000, and between $80,000 and $82,000 of market interest remained undefined. On 28 August, Peter Brandt, a senior trader, indicated that he was still in possession of Bitcoin's multiple-head positions, but cautioned that the positions in question might change within a trading day.

The price is still below $82,000.

At the time of the submission, Bitcoin had reported approximately US$ 79,771, which at one time rose to US$ 81,280 and then fell back. Prices had been close to $82,000 on several previous trading days, but had not been able to make a clear breakthrough.

On 25 August, for the first time since mid-May, Bitcoin was repositioned at $80,000. Since then, although some US$ 81,238 has been pushed upwards, the movement has not continued, and short lines have been suppressed below the upper zone.

In the light of current trends, short-line support has been formed in the vicinity of $78,000 to $79,000, while resistance above continues to be concentrated in the 80,000 to $82,000 region. Next, the market is more concerned about whether it can stand above this zone at the solar-line level, rather than with a short break.

Brandt claims to still hold more than TTco. Head

Brandt disclosed on platform X some of his current trading slots, including bitcoin. At the same time, he holds silos of wheat, soybeans, maize, soybeans, sugar and Mexican peso, as well as an empty sledgehammer.

However, he did not disclose the price of Bitcoin ' s warehouse, the size of the warehouse, the use of leverage, or give a clear exit. He also mentioned, in particular, that these positions might be adjusted in one day, so that this statement was closer to immediate and ready disclosure than to medium- and long-term price judgements.

Brandt's current bitcoin is multi-headed and originated in a technological breakthrough on August 20th. At that time, he stated that he had bought bitcoin after the reverse shoulder form had been completed and the price had broken the neck line. Before, he thought that bitcoin was about 60% more likely to fall again, but changed the original judgment after the form was completed.

ETF funding rebounded in August

Bitcoin accumulated an increase of about 28 per cent in August, with a clear rebound from the low point of about $57,717 on 1 July. This means that if the increase at the end of the month is maintained, August will be one of the best single months of bitcoin since November 2024.

One of the factors driving the rebound of the current round was the continued inflow of real bitcoin ETF in the United States. During the week ending on 21 August, the total net inflow of the related product 5 trade days was about $1.92 billion, of which the IBIT was higher under the Beled flag.

In addition to the financial context, changes in the United States Treasury debt market also support risky assets. The announcement by the United States Treasury to expand buy-back operations for some of the old long-term national debt, the weakening of the United States dollar and the fall in long-term returns have collectively improved market risk preferences.

Short-line direction still pending.

Next, the most direct observation point for the market remains the effective standing of bitcoin between $80,000 and $82,000. The current break-through structure will be further strengthened if closes and deals are maintained above the zone.

If prices continue to fail to keep up, market attention may return to the low point in the day near US$ 78,828, as well as to the region of breakthroughs earlier. As Brandt did not disclose loss and risk parameters, it was not possible for the outside world to confirm the expiry of its transaction.

As far as the information is concerned, Brandt ' s statement can only indicate that he was still in possession at the time of disclosure. The continuation of the Bitcoin rebound will ultimately depend on the actual performance of the price in the vicinity of $82,000 and on the continued follow-up of the financial flows.