Bitcoin: Logs Best August Since 2017

Latest Update
8/31/2026 4:10:00 AM

Bitcoin: Logs Best August Since 2017

Bitcoin records +20% August 2026 return, its strongest since 2017, with Q3 gains above 30% on track for best performance in nine years at $77522.

Analysis

Bitcoin delivered a historic +20% return in August 2026, marking its strongest August performance since 2017 while Q3 gains already exceed 30% and position the asset for its best third quarter in nine years.

Price sits at $77522 inside the Bollinger Bands with upper resistance at $79713 and lower support at $76776. The EMA50 at $77317 acts as immediate support while the EMA200 at $70961 anchors the broader bullish structure. RSI at 42.59 remains neutral and MACD shows a death cross at -112, suggesting a brief consolidation toward the 50-EMA before any continuation higher in the ongoing Q3 advance.

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Source: blockchain.news