Bitcoin has climbed 22% this week to about $78,000. Will BTC still be above $74,000 at the Aug 26 close?
65% of users predicted YES — the community got this one right. 20 predictions cast.
Bitcoin extended its August rally through the week, trading near $78,500 to $78,700 on Wednesday, August 26, 2026, comfortably above the $74,000 threshold in question. The advance built on a roughly 23% five-day surge earlier in the week that had carried the cryptocurrency from about $62,800 to around $77,200, with prices briefly topping $81,000 on August 25 before easing slightly into the close. The rally was sparked by a U.S. Treasury Department announcement that it would at least double its long-dated bond buyback operations, raising the per-operation cap for 10-to-20-year and 20-to-30-year securities from $2 billion to at least $4 billion. Analysts said the expanded buybacks injected liquidity into markets and pressured long-term yields lower, encouraging investors to move into risk assets such as bitcoin and ether. Ether and other major tokens also posted gains through the week as the broader crypto market rode the same liquidity-driven momentum, with continued exchange-traded-fund inflows cited as an additional tailwind. The 65% of forecasters who predicted BTC would hold above $74,000 at the August 26 close were borne out by the outcome.