Publikovat

Bitcoin Deep-Dive | Aug. 26, 2026 BTC is trading around $78,600, with a market cap of roughly $1.58T. About 20.075M BTC are circulating, against a 21M maximum supply. Nearly 95.6% has already been mined. Bitcoin’s core value comes from scarcity, Proof of Work, decentralization and global liquidity. Only about 925K BTC remain to be mined, while the block reward will eventually fall from 3.125 to 1.5625 BTC. The bigger question is not how much BTC remains, but how much is actually available for sale. Recent U.S. spot Bitcoin ETFs saw around $1.92B in weekly net inflows, showing renewed institutional demand. But the rally was also supported by short covering and roughly $3B in short liquidations. So ETF inflows alone are not enough. The signals I’m watching: ① ETF net flows ② Long-term holder accumulation ③ Exchange BTC balances ④ Stablecoin/global liquidity ⑤ Genuine spot demand BTC is increasingly sensitive to DXY, Treasury yields and Fed policy. Easier liquidity can support BTC, while tightening can trigger major corrections. Valuation $100K → ~$2T market cap $200K → ~$4T $300K → ~$6T $500K → ~$10T $1M → ~$20.7T So $1M BTC is not simply a price target. It requires a massive shift in global capital allocation. My view: 4.6/5 BTC remains the strongest core crypto asset. But $80K is not a confirmed bull-market signal. The real question is: When BTC pulls back, is real capital still buying? Follow the capital. Follow the supply. Follow the data.$BTC