Bullish cross today, but the third flip this month. Plus $390M in ETF outflows.

Bitcoin MACD

Your weekly crypto brief

August 12 – August 18, 2026

A person calmly reading a report with coffee by a window while two birds watch; BTC's daily signal flipped a third time this month

Quick Pulse

• Past 7 days: BTC $64,681 (+2.0%)  •  ETH $1,917 (+2.1%)  •  SOL $77.01 (+1.9%)

• BTC's daily MACD flipped bullish today with ADX at 32, its third daily cross this month. SOL has held bullish since Aug 8; ETH stays bearish.

• Top story: spot Bitcoin ETFs saw about $390M of outflows last week, reversing the prior week's $853M of inflows.

The Signal

BTC opened August looking like it wanted a trend, then spent the month refusing to pick one. Its daily MACD crossed bullish on Aug 7, bearish on Aug 11, and bullish again today: three crosses in twelve days. The latest came with ADX at 32, comfortably above the line we use to confirm BTC's signals.

BTC daily chart: bullish cross Aug 7, bearish Aug 11, bullish again Aug 18 at $64,681, ADX 32

Three confirmed crosses that keep reversing aren't a trend. They're the indicator describing chop. And the money agrees: spot Bitcoin ETFs bled about $390 million last week, reversing the $853 million they took in the week before. Institutional demand didn't so much cool as turn around inside seven days.

ETH tells the quieter version. Its daily has been bearish since late July, yet the price sits almost exactly where it did then, a downturn that became a flat range. SOL has held a bullish state since Aug 8, the closest thing to conviction in the group, which isn't saying much.

Today's bullish BTC cross is real, and we won't dress it up. A third flip in twelve days is the chart saying what the flows already did: nobody's committed yet. The cross worth trusting is the one that holds for more than a few days, and this one hasn't earned that.

What We're Watching

ETH's daily is still bearish, but its shorter timeframes have flickered back and forth all week. If the daily crosses up while BTC holds its ground, that's the first hint the whole group is trying to turn together.

And the range itself: BTC has bounced between roughly $63K and $65K for weeks now. A daily close that sticks outside that band, either direction, would finally hand the indicator something real to confirm. We're watching, not predicting.

Worth Reading

Bitcoin ETFs see $390M in outflows as Ethereum ETFs snap a five-week inflow streak

Cryptobriefing — Spot Bitcoin ETFs shed about $390 million last week, the biggest weekly outflow in six weeks, while Ethereum funds logged a small net outflow that ended a five-week inflow run.

Bitcoin volatility falls to a new 2026 low

U.Today — Bitcoin's implied volatility hit a 2026 low as price stayed pinned between roughly $63K and $66K, a compression analysts say tends to resolve in a sharp move, direction unknown.

Tether says KPMG issued a ‘clean’ opinion in its first full audit

The Block — KPMG gave Tether's 2025 financials an unqualified opinion, the strongest an auditor can issue, in the stablecoin issuer's first full audit after years of attestation-only reports.

View your dashboard

How was this week's digest?

Great Okay Not useful

Or just hit reply. We read everything.

Know someone who'd find this useful? Forward this email or share bitcoinmacd.com.

Sleep better. Hold smarter.

Indicator activity only. Not financial advice. Past performance does not indicate future results.

You're receiving this as a Bitcoin MACD subscriber. Unsubscribe from the weekly digest or manage all email preferences.

Bitcoin MACD • 1718 Capitol Avenue, Cheyenne, WY 82001