Back to News
Bitcoin Moved 140x Faster than Stocks This Week: $80,000 this Weekend?
By Exbasi Intelligence
Sourced from Beincrypto
Bitcoin gained more than 20% in five days, delivering the stock market’s average annual return about 140 times faster. The run then stalled at $79,500, just 0.6% short of $80,000.BTC traded near $76,750 on Friday, up 6.6% on the day. That leaves $80,000 about 4% away. The daily relative strength index (RSI) sits at 84.64, its highest reading of 2026.How Bitcoin Outran the Stock Market by 140 TimesThe math is simple. Since 1928 the S&P 500 has compounded at 10.02% a year, dividends included, per New York University’s Stern School dataset.Spread across five days, that yearly gain works out to 0.137%. Bitcoin did 20% in the same window. Call it 140 times the pace.Low to high, the run reached 27%. BTC is heading for its in two years.Speed is not recovery. BTC still trades 39% below its record $126,080, set in October 2025.Washington lit the fuse. The Treasury said on August 19 it would at least double its long-end bond buybacks, from $2 billion per operation to $4 billion.The purchases cover 10-year to 30-year debt and run from September 9 through November 4. Long yields had just touched 20-year highs. Bond desks read it as a backstop.Leverage did the rest. Bearish traders lost $1.06 billion in a day as short positions unwound.Spot buyers showed up too. US spot Bitcoin exchange-traded funds (ETFs) took $517.2 million on August 19, then $606.3 million on August 20. That was August’s biggest day, per Farside Investors.Three Resistance Layers Block Bitcoin’s Path to $80,000Friday’s candle opened at $73,027 and ran to $79,500. Then sellers took over. That high hit the rising trendline drawn off February’s lows. Bitcoin climbed it all spring. June’s slide to $58,000 broke it.Friday’s rally returned to the line from below and failed. Old support now works as resistance.Two more walls sit in the same pocket. A shelf at $79,427 capped May’s high. The round $80,000 sits just above.Bitcoin’s current price has to clear all three. Support starts at Friday’s $73,027 open. to get the latest news as it happensWeekend Odds Favor Digestion Over a BreakoutJamie Coutts of Helios Analytics weighed the jump against how calm the market had been. It ranks fifth since 2018.He found 14 comparable moves. Bitcoin sat higher 71% of the time 30 and 90 days later. The median gain was near 10%. A random day since 2018 returned 1.2%.The extremes run wide. A similar jump in April 2019 led to a 118.7% gain over 90 days. One in October 2019 led to a 23% drop in 30.Coutts calls 14 examples a thin sample. His own significance tests came back short of proof.His table prices the pain too. In the median case BTC dipped 8.4% below entry within 90 days.Medium- to long-term read on this week’s BTC rally. Source: Jamie Coutts “There is a wall of overhead supply at the low $80k range it needs to work through,” wrote Coutts, chartered market technician at Helios Analytics. On-chain data leans the other way. CryptoQuant shows spot and futures demand positive together for the first time since October 2025.A separate quicktake ties the bounce to MVRV, which compares price with what holders paid.Analyst Darkfost put net new demand at a 2026 high of 25,000 BTC. That weighs new coins against coins idle over a year. “BTC looking strong here. Rallies like this in bear markets usually signal the bottom is in. Might see a dip, but the bear phase is pretty much done imo,” said Ki Young Ju, founder and chief executive of CryptoQuant. So can Bitcoin reach $80,000 this weekend? Possible, but not likely.Weekend books run thin. Fewer large buyers trade Saturday and Sunday. Clearing three walls with RSI at 84.64 (overbought) takes size.A slide back toward $73,000 would cool that reading without wrecking the week. Bitcoin’s longer-term outlook now rests on whether the low $80,000s give way.