26.08.202606:58 Forex Analysis & Reviews: Trading Signals for BTC/USD on August 25-27, 2026: sell below $80,000 (21 SMA - 5/8 Murray)

Relevance up to 00:00 UTC--4

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Bitcoin is trading around $79,120 within a downtrend channel formed on the H1 chart since its high of $81,250. Bitcoin could continue its rise in the coming hours until it reaches the 61.8% Fibonacci level around $80,000.

If Bitcoin falls below the 21 SMA—located around the 38.2% Fibonacci level—in the coming hours, we could expect it to resume its downtrend and potentially reach the 5/8 Murray level around $78,125; it could even approach the August 24 low around $76,000.

Conversely, a decisive break above the 21 SMA and above $79,100 will be seen as a buy signal with targets at the psychological level of $80,000; ultimately, we expect it to reach the 6/8 Murray level around $81,250.

The Fibonacci indicator suggests a potential technical rebound to the psychological level of $80,000. Technically, we could wait for this zone to open short positions or expect BTC to encounter strong resistance and, in turn, form a double-top pattern around $81,225—which could also be seen as a clear signal to sell.

A decisive break below the 5/8 Murray level could signal a strong bearish trend, and we expect it to reach the 4/8 Murray level around $75,000 in the short term.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.