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Crypto Macro

Bitcoin Rises 25% in August, Key Test at $81K-$82K

Bitcoin gained about 25% in August, its best month since November 2024 and strongest August since 2017, driven by Treasury buyback expansion, record short squeeze, and $3.05B ETF inflows. However, the 21Shares report highlights $81,000-$82,000 as the pivotal resistance zone separating a trend reversal from a bear-market rally. September’s focus includes support at $76,000-$78,000, ETF flow sustainability, and long-end yields.

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