{
  "id": 2690150,
  "title": "Bitcoin Price Prediction: $100K in Sight as BTC Breaks Past 200-Day EMA",
  "url": "https://urgent.news/2026/08/21/bitcoin-price-prediction-100k-in-sight-as-btc-breaks-past-200-day-ema",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T19:05:51.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/bitcoin-price-prediction-100k-sight-190551362.html"
  },
  "original_language": "en",
  "account": "Bitcoin (BTC) has surged by over 8% in the last 24 hours, with its value rising from $62,000 to $77,000 in just five days. This rapid increase was triggered by significant short squeezes across the crypto market, with short liquidations totaling more than $4.4 billion in the past 24 hours alone. The U.S. Securities and Exchange Commission (SEC) recently announced new rules for the crypto market, which came just after the approval of the Clarity Act. This development provided reassurance to the market that the current administration is committed to supporting its growth. Additionally, President Donald Trump met with crypto executives at the White House and pledged his continued support for the legislation. BTC has now recorded a 24% gain over the past week and has broken through several resistance levels, including the $72,000 mark, which corresponds to the 200-day exponential moving average (EMA). This is the first time BTC has traded above this technical indicator since November 2025 and suggests the potential beginning of a new bull market. Exchange-traded funds (ETFs) tied to BTC have seen strong daily inflows, with investors pouring over $1.6 billion into these vehicles as a result of the rally, with monthly net inflows exceeding $2 billion, the highest since October 2025. The weekly chart has shown BTC hitting the recent $75K target, and a long-dated buy signal is about to be fully confirmed, potentially setting the stage for a major rally towards the $200,000 area in the long term. The bullish price action can be seen in a W-shaped pattern that will be fully confirmed if BTC surpasses the $80,000 level. If this occurs, the $100,000 psychological threshold will likely be the first target for Bitcoin in the medium term. It seems the market is already pricing in the approval of the Clarity Act, driving the current rally. The short squeeze's magnitude should be substantial enough to push bears out, allowing for a continuation of the uptrend toward the $100K target. However, a short-term pullback is possible, as the daily Relative Strength Index (RSI) has reached 85, and the 200-day EMA would act as support if such a scenario unfolds.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}