Latest Update
8/20/2026 12:33:00 PM

Bitcoin: Spot and Futures Demand Turns Positive

Bitcoin: Spot and Futures Demand Turns Positive

Bitcoin demand turns positive in spot and perpetual futures for first time since October 2025 ATH, with BTC at $71921.41 showing bullish EMA structure on 4h chart.

Source

Analysis

Bitcoin demand has turned positive in both spot and perpetual futures for the first time since the October 2025 ATH, according to @ki_young_ju, though the scale stays modest.

Price sits at $71921.41 on the 4h chart inside a bullish trend with EMA50 at $65377.42 and EMA200 at $64334.19 acting as concrete support, while MACD golden cross at 1910.03 reinforces momentum; yet RSI at 89.16 flashes overbought near upper Bollinger resistance of $71959.36, pointing to a probable healthy retracement toward the 50-EMA before any sustained continuation in this BTC price prediction environment.


Ki Young Ju

@ki_young_ju

Founder & CEO of CryptoQuant.com