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

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

Ash Crypto pointed to the weird month-to-month candle on September 1, noting that the most recent shut breaks a sample that has accompanied Bitcoin’s earlier bear-market phases.

Bitcoin Breaks an August Pattern

Ash Crypto’s chart, based mostly on Bitstamp information and utilizing a logarithmic scale, compares August performances after Bitcoin’s main cycle highs. August 2014 fell about 18% after the 2013 peak, August 2018 misplaced roughly 9% after the 2017 peak, and August 2022 dropped some 14% following the 2021 high. However, this 12 months, issues went the opposite manner.

Bitcoin began the month within the low $60,000s and climbed above $81,000 earlier than ending at about $78,600, producing a month-to-month acquire of 24.95%, in line with CoinGlass information. Ash Crypto described it as “BITCOIN JUST CLOSED AUGUST GREEN FOR THE FIRST TIME EVER IN A BEAR MARKET.”

The distinction is vital, for the reason that chart doesn’t set up that BTC has entered a new bull market. Instead, it reveals that August behaved in a different way from the identical level within the earlier three post-peak cycles. Bitcoin’s final all-time high was simply previous $126,000 in October 2025, leaving the asset properly beneath that stage regardless of the August restoration.

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

CoinGlass information again to 2017 reveals how uncommon that stretch has been. Outside of the aforementioned 65% acquire in 2017 and 2021’s 13.8% bounce, each August in between completed crimson, together with two straight double-digit losses in 2022 and 2023, with this 12 months snapping that run.

Besides August ending up positively, the third quarter can also be shaping up properly, with the identical CoinGlass information displaying it’s within the inexperienced by practically 33%, though there’s nonetheless one month to go.

That uptick is barely bettered by the identical interval in 2017 that noticed BTC’s worth go up greater than 80%, and it will take an unimaginable run in September to convey Q3 2026 wherever close to that.

Price Action as September Starts

Bitcoin dipped beneath $77,000 as contemporary assaults within the Middle East revived geopolitical rigidity, then clawed back most of that loss quickly after.

That follows a productive patch final week, when the OG cryptocurrency pushed previous $81,000 to hit its highest stage in over three months, solely to get rejected after Fed Chair Kevin Warsh’s hawkish remarks at Jackson Hole.

At the time of writing, it was buying and selling close to $78,000, after barely shifting both manner in 24 hours. Although that worth mirrored a lack of about 2.5% for the week, it was nonetheless up greater than 23% over the previous month.

Dominance over the remainder of the crypto market has climbed above 58%, with a market cap close to $1.57 trillion. Zoomed out additional, BTC stays down near 29% for the 12 months and greater than 38% beneath its October 2025 ATH.

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