Bitcoin Watch

Bitcoin tests $83K resistance amid overheating

Bitcoin tests $83K resistance amid overheating

BTC remains near $79.9K-$80K after the Aug. 28 Warsh-driven selloff, with repeated rejection below $80K and heavy supply around $80K-$82K. Realized capitalization reportedly rose about $4.6B, offering a cautiously improving liquidity signal, but overheated positioning and weak 30-day growth mean a reclaim of $82K-$84K is still required for confirmation.

Sources (2)
Updated Aug 31, 2026
Bitcoin tests $83K resistance amid overheating - Bitcoin Watch | NBot | nbot.ai