Bitcoin eyes first Jul-Sep winning streak since 2012
A 10% September gain would complete a three-month run seen only once before, and the 2012 version ended with a red October that launched a 2,000% rally.
Live BTC, ETH, and altcoin price moves, support and resistance levels, breakouts, and chart patterns.
A 10% September gain would complete a three-month run seen only once before, and the 2012 version ended with a red October that launched a 2,000% rally.
Clearing the well-watched $87,000 resistance puts the largest crypto back on breakout footing, and the retest of that level is the next test for momentum buyers.
The 28-21 committee vote on a bill locking the government's 325,000 BTC into a 20-year Strategic Bitcoin Reserve, paired with an SEC exemption for tokenized stocks, drove the broadest rally among…
The privacy coin's breakout is pulling leveraged money with it: one Aster DEX position opened at roughly $224K is already sitting on $70.7K in unrealized profit.
Leveraged funds cut CME XRP net shorts by 46.3 million tokens in a week, but Coinbase positioning barely moved, pointing to a venue-specific reset rather than a market-wide squeeze.
The $87,000-$88,000 yearly open stands as the resistance to watch, with $79,000-$80,000 flagged as the support zone if a correction follows.
With less than 25% of the median coin's supply in profit, the market still sits far from the broad profitability typically associated with cycle tops.
The wallet's cumulative 41,500 ETH position now sits on more than $30M in unrealized gains, a fresh signal that big off-exchange buyers are still accumulating Ether.
Glassnode counts 1.07 million BTC bought between $83K and $86K, supply near breakeven that decides whether the next leg runs toward $100K or back to $82K.
The MVRV cross above its 365-day average has appeared only twice before, in 2019 and 2023, and each time it marked the opening move of a full Bitcoin bull cycle.
Glassnode data shows genuine spot and on-chain demand, but futures open interest, funding and profit-taking all sit above their bands, leaving the rally exposed if the spot bid fades.
Sector cap sits within 4% of its $12B January start, a full round trip from the late-July capitulation that dragged it down to $7B.
Covered calls tied to roughly 2,000 BTC carry a $70,000 strike while Bitcoin trades in the mid-$80,000s, and a Friday expiration decides whether the income trade stays in place.
September averages -2.21% for Bitcoin. A 9% gain with a week left on the calendar flips the seasonal script and reframes the Q4 setup.
The $3T threshold is psychological real estate, and crossing it tends to drag sidelined capital back into the conversation. The recovery signals broad participation, not just BTC's spot bid.
The $3.2M position expires worthless outside a tight $90,000 to $100,000 band, so the trader is paying real premium to pin a precise $95,000 target rather than chase a generic long.
The breakout cleared a heavily shorted resistance zone, but with forced buying fading, Bitcoin now needs fresh demand to sustain a move toward $90,000.
The key risk is a late-year collision between overbought crypto momentum and a stronger dollar, which could turn a relief rally into a deeper drawdown.
The shift removes a long-running technical headwind and puts sustained support above the averages at the center of the uptrend case.
The rally tracks a broader risk-on turn, but oil and yields remain elevated, leaving $85,000 exposed if the inflation shock returns.