Bitcoin pullback likely to continue

Sep 02, 2026

Bitcoin is still cooling off after a strong run, which is short-term bad for buyers chasing highs but seen as a healthy reset inside a bigger uptrend.

  • Bitcoin is stuck in a sideways range, running into resistance near the low $80,000s.
  • Daily and 3-day momentum readings got very stretched, so a slight pullback or choppy trading is expected for a few more days — not a crash.
  • Weekly charts still show a long-term bullish setup, the same signal that appeared at the end of the 2022 bear market.
  • Ethereum, XRP, Solana and Chainlink are all doing the same thing: holding key support while cooling off alongside Bitcoin.
  • Bitcoin dominance is still range-bound, so the whole crypto market is moving together rather than favoring alt coins.

Outlook: A dip toward the mid-$70,000s to clear out downside bets looks likely first, with a push back up possible within a week or so.

## Bitcoin Levels

  • **Bias:** Bearish short term, bullish longer term
  • **Support:** ~$76,000 (liquidity cluster)
  • **Resistance:** $80,000–$82,000
  • **Targets:** ~$75.9K–$76K to the downside first, then $79.3K–$79.6K on a bounce

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