Bitcoin traded near $77,500 on Aug. 29 after US spot Bitcoin ETFs snapped a nine-session inflow streak, while weakening capital flows and short-term technical signals kept the $76,500–$77,000 support zone in focus.

Bitcoin price holds above $77,000 support

According to data from crypto.news, Bitcoin ($BTC) was trading around $77,500 at the time of writing, down 2.9% over the previous 24 hours. The price briefly fell to $77,078 on Aug. 28 before stabilizing above $77,000.

The pullback followed a failed attempt to hold above $80,000. Bitcoin reached an intraday high near $81,200 earlier in the week but faced selling pressure as traders reacted to Federal Reserve Chair Kevin Warsh’s speech at Jackson Hole.

On the 4-hour chart, $BTC…