Bitcoin crossed the $80,000 threshold for the first time since May 2026, posting one of its strongest weekly advances in more than three years with a gain of 24 to 27 percent over a single week. Spot Bitcoin ETFs recorded inflows of approximately $1.9 billion during the week of August 17-21, 2026, while over $4 billion in short positions were liquidated within a few days. The asset had peaked above $126,000 in October 2025 before falling to around $60,000 in February 2026. Analysts identify a consolidation range between $75,000 and $83,000 as the zone Bitcoin needs to digest before targeting the $100,000 level.
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