Bitcoin Makes History With First

Bitcoin Makes History With First-Ever Green August During a Bear Market

The latest monthly gain also snapped a run of four consecutive August losses, including two double-digit hits in 2022 and 2023.
ByWayne Jones

Bitcoin closed August 2026 up nearly 25%, giving the month a result that has not appeared in comparable post-peak years of 2014, 2018, and 2022.

Ash Crypto pointed to the unusual monthly candle on September 1, noting that the latest close breaks a pattern that has accompanied Bitcoin’s previous bear-market phases.

Bitcoin Breaks an August Pattern

Ash Crypto’s chart, based on Bitstamp data and using a logarithmic scale, compares August performances after Bitcoin’s major cycle highs. August 2014 fell about 18% after the 2013 peak, August 2018 lost roughly 9% after the 2017 peak, and August 2022 dropped some 14% following the 2021 high. However, this year, things went the other way.

Bitcoin started the month in the low $60,000s and climbed above $81,000 before finishing at about $78,600, producing a monthly gain of 24.95% Ash Crypto described it as “BITCOIN JUST CLOSED AUGUST GREEN FOR THE FIRST TIME EVER IN A BEAR MARKET.”

The distinction is important, since the chart does not establish that BTC has entered a new bull market. Instead, it shows that August behaved differently from the same point in the previous three post-peak cycles. Bitcoin’s last all-time high was just past $126,000 in October 2025, leaving the asset well below that level despite the August recovery.

Furthermore, the flagship cryptocurrency also had its best August since 2017, when the month closed up more than 65%.

CoinGlass data back to 2017 shows how unusual that stretch has been. Outside of the aforementioned 65% gain in 2017 and 2021’s 13.8% jump, every August in between finished red, including two straight double-digit losses in 2022 and 2023, with this year snapping that run.

Source: cryptopotato.com