The August forum topic: Bitcoin rose 23%, outperforming gold and the stock market. Binance spot went from 62,888 on July 31 close to 78,152 at the time of submission—about 24.3% in a month. COMEX gold in the same period was about 10.9%, S&P 500 about 2.5%, and Nasdaq about 3.6%. The monthly chart really won. From the 87,509 figure at December 31, 2025, Bitcoin is still down about 10.7%. Gold and US equities are positive. In this August jump, are we just making up the ranking, or is it an actual trend?
See the comparison chart on the cover. Bitcoin uses Binance spot daily; gold uses Yahoo’s GC=F; the stock index uses Yahoo as well. August’s rise and fall are compared to July’s final closing price. As of the submission time, August 31, 2026, the monthly line hasn’t fully closed yet.
【Ledger】
The 23% in the topic is closer to an earlier round-number estimate. CoinDesk wrote that the month was about 26% on August 28, when the price was still around 79,200. Today crypto.news wrote it was about 24%. I calculate based on close-to-close, not following the topic’s numbers.
August low is about 62,275; high about 81,479. It briefly crossed 80,000, but by the time of submission it was back around 78,152. Ethereum is even stronger. OKX went from 1,870 on July 31 to 2,453 on August 30—about 31.2%. The topic only singled out Bitcoin.
Hang Seng was about -1.2% in August. This set of A-share daily charts is missing too much, so this article doesn’t include it.
【The yearly line hasn’t turned yet】
At the end of last year, Bitcoin was 87,509; gold about 4,326; S&P 500 about 6,846. By the submission time, gold was about 4,492 and the yearly line was about +3.8%. S&P about +12.2%, and Nasdaq about +13.2%. Bitcoin’s yearly line is still about -10.7%.
What won in August was relative upside. Who filled in the losses over the past year, and the books still haven’t been squared.
【The “80” level】
The monthly chart looks good, but the near-term is stuck. After the high at 81,479, it didn’t hold above 80,000. First, see whether anyone is taking positions around 70,000. To talk about continuation, you need to regain and re-close above 80,000. The monthly-line champion doesn’t mean you should automatically write the yearly-line losses as a new trend.
Do you think this 24% in August is filling the hole from the first half, or if it can’t get past the 80 level, the gains will be吐 back? Choose: “Hold and守8万 / First look at the yearly line, and report the invalidation level.”
$BTC $ETH #比特币 #黄金 #8月
Captain of the Dragonfly Team｜A finance blogger who likes analyzing data and candlestick charts.
Not investment advice. Prices are not final. Gold and stock indices are based on futures or index conventions.
See the comparison chart on the cover. Bitcoin uses Binance spot daily; gold uses Yahoo’s GC=F; the stock index uses Yahoo as well. August’s rise and fall are compared to July’s final closing price. As of the submission time, August 31, 2026, the monthly line hasn’t fully closed yet.
【Ledger】
The 23% in the topic is closer to an earlier round-number estimate. CoinDesk wrote that the month was about 26% on August 28, when the price was still around 79,200. Today crypto.news wrote it was about 24%. I calculate based on close-to-close, not following the topic’s numbers.
August low is about 62,275; high about 81,479. It briefly crossed 80,000, but by the time of submission it was back around 78,152. Ethereum is even stronger. OKX went from 1,870 on July 31 to 2,453 on August 30—about 31.2%. The topic only singled out Bitcoin.
Hang Seng was about -1.2% in August. This set of A-share daily charts is missing too much, so this article doesn’t include it.
【The yearly line hasn’t turned yet】
At the end of last year, Bitcoin was 87,509; gold about 4,326; S&P 500 about 6,846. By the submission time, gold was about 4,492 and the yearly line was about +3.8%. S&P about +12.2%, and Nasdaq about +13.2%. Bitcoin’s yearly line is still about -10.7%.
What won in August was relative upside. Who filled in the losses over the past year, and the books still haven’t been squared.
【The “80” level】
The monthly chart looks good, but the near-term is stuck. After the high at 81,479, it didn’t hold above 80,000. First, see whether anyone is taking positions around 70,000. To talk about continuation, you need to regain and re-close above 80,000. The monthly-line champion doesn’t mean you should automatically write the yearly-line losses as a new trend.
Do you think this 24% in August is filling the hole from the first half, or if it can’t get past the 80 level, the gains will be吐 back? Choose: “Hold and守8万 / First look at the yearly line, and report the invalidation level.”
$BTC $ETH #比特币 #黄金 #8月
Captain of the Dragonfly Team｜A finance blogger who likes analyzing data and candlestick charts.
Not investment advice. Prices are not final. Gold and stock indices are based on futures or index conventions.
