Bitcoin will fail to reach $80,000 amid cooling flows

Bitcoin will fail to reach $80,000 on September 1 as cooling spot activity and halved ETF inflows sap upside and keep price pressure intact. The price was trading at $79,024 after briefly touching the $80,000 area, and Glassnode recorded a 5% seven-day momentum decline from 85.5 to 81.2. Spot volum…