Bitcoin is already trading above $77,500 after a powerful rally, so an August 28 price at or above the threshold is likely with meaningful uncertainty.
Bitcoin enters the final stretch above the required level with strong recent momentum and renewed investment inflows. The cushion is modest, however, and fading forced buying, nearby resistance and profit-taking leave meaningful uncertainty. An August 28 reading at or above $77,500 is likely with meaningful uncertainty.
Points to YES
Bitcoin is already above the required level, giving it a modest cushion that a short-term pullback would need to erase before August 28.
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