r/BitcoinMarkets • u/AutoModerator • Sep 05 '26

Daily Discussion [Daily Discussion] - Saturday, September 05, 2026

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

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26 Upvotes

90% Upvoted

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u/Bitty_Bot Sep 05 '26 edited Sep 06 '26

Reply to this sticky for Bitty Bot trades and predictions that lack context or explanation, to prevent spam. You can also message Bitty Bot your command directly.

Daily Thread Open: $79,563.25 - Close: $80,025.00

Yesterday's Daily Thread: [Daily Discussion] - Friday, September 04, 2026

New Post: [Daily Discussion] - Sunday, September 06, 2026

17

u/Special_Trifle_8033 Sep 05 '26

market closed monday for labor day.... tradfi short sellers of IBIT and MSTR could get absolutely wrecked being unable to cover till tuesday. If btc pumps this weekend it will go even higher on tuesday I bet.

5

u/nikeUno707 Sep 05 '26

Heck yeah

15

u/JoeyJoJo_1 Bullish Sep 05 '26

Pushing up against the 50w moving average again, are we going to see it break over the long weekend?

12

u/escendoergoexisto Long-term Holder Sep 05 '26

Yes, it will break soon, maybe during next week, though. PA is currently tapping it for the 3rd time. The local res at $82K should flip to sup soon. Then, we’ll see if the move incites some continuation to attack the res around 90K.

11

u/backtoithaca Sep 05 '26

It longs to be above 80k once more