Bitcoin (BTC) Daily Market Analysis 31 August 2026

Bitcoin consolidates near $77,700 as ETF outflows, Fed hawkish signals, and liquidations counter strong on-chain and institutional support: • U.S. spot ETFs saw $201.9M net outflows on 28 August, ending a nine-session inflow streak that brought over $3B • Fed Chair Warsh's Jackson Hole comments on inflation above target reduced easing expectations, pressuring risk assets • Realized capitalization grew $4.6B weekly, with reported whale accumulation of 39,154 BTC between 23–28 August • Price holds support at $76,500–$77,000; resistance remains at $80,000–$82,000 • Fear & Greed Index at 68 (Greed), down from 30-day high of 74, suggesting cautious optimism