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Illustration of a large gold bitcoin coin punching upward through a horizontal band of grey glass that shatters around it, on a warm amber background, illustrating a price break through an overhead supply band

Bitcoin traded through $82,000 overnight, the level that stopped it twice

08:20 · 04.09.2026
Source: CoinGecko
2

Bitcoin changed hands at $81,061 at 06:12 UTC, up 4.35% over 24 hours, according to CoinGecko. The day's range runs from $77,452 to $82,108, a swing of roughly 6% between low and high, and the high is the part that matters: the low $80,000s stopped this rally twice in August.

The 24 hours in numbers

  • price: $81,061, up 4.35% over 24 hours
  • range: $77,452 to $82,108
  • 24-hour volume: $40.6 billion
  • market capitalisation: $1.63 trillion
  • distance from the October 2025 record of $126,080: 35.7%

The level that has been in the way

Analysts have named the same band since the August rally began. Jamie Coutts of Helios Analytics put it in one line three weeks ago, and bitcoin has turned back from that band twice since.

There is a wall of overhead supply at the low $80k range it needs to work through.

Jamie Coutts, Chartered Market Technician, Helios Analytics, BeInCrypto, 21 August 2026

Quote source: BeInCrypto, 21 August 2026

A supply band forms where a lot of coins last changed hands. Buyers who filled near $80,000 and then watched the price fall spend the next rally waiting to get out at cost, and their sell orders sit in the same place. The band thins only when those orders get filled, which is why the turnover matters more than the price print: $40.6 billion in a day says the offers are being absorbed rather than stepped around.

Bitcoin reached $80,894 on August 25 and turned back, which is the pattern we described on Wednesday. It slipped as low as $77,452 inside the last 24 hours before the move that carried it to $82,108.

One day against the week

The seven-day change is 1.71%. Hold that next to the 4.35%, because it says the week is close to flat and the last day has mostly undone an earlier drop rather than added new ground. The 30-day figure is 26.08%, so the August move is still doing the work in every longer chart.

The move is broad rather than bitcoin-only. Ether is up 4.7%, XRP 6.5%, BNB 4.2% and Solana 3.3% over the same period, and bitcoin dominance sits at 59.3%. A rally that lifts the majors together tends to reflect flows into the asset class rather than a story about one coin.

The test on the next pullback

A close above the band matters more than an intraday print through it. Bitcoin has touched the low $80,000s three times in ten days, and the difference this time is that sellers there did not hold it. If the level flips from resistance to support on the next pullback, the August pattern breaks. If sellers push it back under, the band has rejected price a third time.

The names quoted across the market yesterday were talking about 2030 and about gold. The chart is arguing about $82,000, and that argument gets settled first.

This article is for informational purposes only and does not constitute investment advice.

Published: 08:20 · 04.09.2026
Maks

Author

Maks

Trading man

I've been interested in the cryptocurrency market for a long time, am a trader, and write articles and news about my experience and crypto in simple terms.

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