Bitcoin $BTC just closed August with roughly a 24% gain, making it one of BTCâs strongest monthly performances in years. Now BTC is entering September around the $78Kâ$79K area, and the big question is whether the August momentum can continue.
The most interesting development? Strategy just bought another 4,603 BTC for approximately $369.7M at an average price of $80,318, ending a roughly 10-week buying pause and taking its holdings to 845,050 BTC.
That tells me institutional conviction hasnât disappeared.
But the chart still matters more than the headline.
đ KEY LEVELS:
đą Support: $77Kâ$75K
đŽ Resistance: $80Kâ$82K
đą BULLISH SETUP:
If BTC holds $77Kâ$78K and reclaims $80K with strong volume, Iâd watch $82K first. A clean breakout and retest above $82K could create a stronger continuation setup.
đŽ BEARISH SETUP:
If BTC loses $77K with increasing selling volume, $75K becomes the next level Iâd watch. Losing $75K would weaken the current bullish structure.
â ïž One thing Iâm watching closely: September has historically been a difficult month for BTC, while ETF flows have recently cooled after a strong streak.
So Iâm not blindly bullish just because Saylor bought.
My plan:
$80K reclaim â bullish momentum
$77K breakdown â caution
Between $77K and $80K â WAIT for confirmation
Whatâs your September BTC thesis?
đą $85K+
đŽ $75K first
đĄ Sideways before the next move
DYOR. Define your invalidation and risk before entering any trade.
#BTCè”°ćżćæ #bitcoin #BTCETF #CryptoNews #BinanceSquare
