Bitcoin: Logs Strongest August in 9 Years

Bitcoin posted a +24% gain in August, its strongest month in nine years and the second-best performance above 20% since 2024, while Q3 returns reached +34.16%—the highest since 2017.

Price action on the 4h chart shows BTC trading inside the Bollinger Bands near the upper resistance at $79088.03 with EMA50 support at $77516.51 and EMA200 at $71209.6 holding the bullish structure; MACD golden cross at 65.96 confirms trend strength while neutral RSI at 53.76 leaves room for continuation toward higher targets without immediate overbought signals. Traders tracking BTC price prediction models now watch for sustained closes above the band as crypto market crash fears fade and AI industry impact flows accelerate risk appetite.