Bitcoin (BTCUSD) Price Forecast: August 26
The Bitcoin price signals for upcoming surge and shows growth in underlying bullish momentum as prices are obtaining suitable support above $26427.73. The pair is possibly making its way up after hitting the $26818.28 level to signal a pump. Thus, a strong push from the current price at a $26567.38 supply value above the supply trend levels will put the crypto in a bullish trend and this may further extend to a $32000.00 resistance level resulting in intraday gains for the buy traders.
Key Levels:
Resistance Levels: $24000.00 $25000.00, $26000.00
Support Levels: $20000.00, $19000.00, $18000.00
BTC (USD) Long-term Trend: Bearish (Daily Chart)
On the higher-term time frame, prices of Bitcoin are slightly below the moving averages and have confirmed a bearish momentum. The coin has been having a series of moves from both the bulls and bears in the past few days. However, bears’ pressure to a $25350.00 low value on the 22nd of August has contributed to its bearishness in recent times.
After yesterday’s bullish pressure, the buying traders continue the journey up north to a $26567.38 high value below the two EMAs as the daily chart resumes today.
Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place indicating signals for an upcoming surge. Hence, a strong breakup above the $31862.21 resistance point would strengthen the bullish pressure.
Similarly, the Dash 2 Trade price may likely continue its journey up north as indicated by the daily stochastic which is pointing in an upward direction at the oversold region. This means that the selling pressure has ended; we can therefore expect the upcoming bullish correction phase to reach a high at the $0.1000 value soon in its higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The market price of BTCUSD is currently trading in the bullish market zone in the medium-term outlook. This is due to the high bullish impacts on the crypto. 
The coin has been having a series of moves by the coin buyers which has enhanced its upward trend in its recent high.
Buyers caused an increase to a $26567.38 high mark above the two EMAs as the 4-hour chart opens today. This affirms a speedy return and the high impact of the buy investors in the market to move the coin market higher.
Additionally, the Bitcoin price signals an upcoming surge by pointing up the daily stochastic. If the bullish momentum persists, a breakout above the accumulation zone of $29968.00 level with a candle closing will signal a strong buy signal for interested traders.
This breakthrough may drive the coin prices to a $32000.00 high value soon in its medium-term outlook.
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