Bitcoin Price Explodes Above $77K as Shorts Get Trapped — Here’s What the Breakout Signals Next

21-Aug-2026 CoinPedia
A silver Bitcoin coin flanked by the text "2026" and "$80,000?" on a red and blue neon light background.

The post Bitcoin Price Explodes Above $77K as Shorts Get Trapped — Here’s What the Breakout Signals Next appeared first on Coinpedia Fintech News

Bitcoin price has broken sharply higher, surging 6.2% to $77,393 and ripping out of a multi-week consolidation range as bearish leverage was caught on the wrong side of the move. BTC climbed from the $65,000–$68,000 area to an intraday high of $79,461, marking a decisive expansion in volatility after weeks of compressed price action. The …

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