Bitcoin Falls After Testing Record High; September Could Be Local Bottom Ahead of Potential Q4 Recovery

  • Bitcoin down 2.07% in August

  • Tested an intra-month high of $124,533 before the pullback

  • Historically, September often marks a local bottom followed by strong Q4 gains (~88% average in Q4 historically)

Bitcoin August decline: BTC falls ~2.07% in August, testing $124,533 then cooling to $113,315 — monitor September for a potential bottom. Read the full analysis.

What caused Bitcoin’s August decline?

Bitcoin August decline reflects a market cooldown after four straight months of gains. Profit-taking, lower summer liquidity, and rotation ahead of the September Federal Reserve meeting compressed prices, driving BTC down about 2.07% for August to roughly $113,315.

How much did Bitcoin move in August and recent sessions?

Bitcoin reversed gains for August, down 2.07% month-to-date per TradingView plain text data. BTC tested an intra-month high of $124,533, then fell to a session low near $112,344 and traded around $113,315 at press time, down 0.28% on the day and 6.83% on the week.

Why is September (Sendtember) important for Bitcoin?

September has historically been weak for Bitcoin, with an average negative return near 5%. Market observers, including Kaleo in plain text, note that September often marks a local bottom four of the past five years — a pattern dubbed “Sendtember” that can precede “Uptober” and stronger Q4 performance.


Frequently Asked Questions

How deep is the August pullback compared to past years?

August’s ~2.07% decline this year is milder than some recent Augusts that saw double-digit losses. The market’s retreat follows four consecutive months of gains and reflects seasonal lower liquidity.

Will a Fed decision in September drive Bitcoin higher or lower?

Fed policy cues are a primary macro driver. Rate-cut signals could support risk assets like Bitcoin, while hawkish surprises may prolong the pullback. Traders monitor the September Fed meeting closely for directional guidance.

Key Takeaways

  • Short-term pullback: Bitcoin is down about 2.07% in August after testing $124,533.
  • Seasonal pattern: September has historically acted as a local bottom, which can precede Q4 strength.
  • Watch catalysts: Monitor Fed guidance, volume, and large-scale accumulation for confirmation of a recovery.

Conclusion

Bitcoin’s August decline is a measurable cooldown after a strong multi-month rally, with BTC trading near $113,315 following a $124,533 peak. Historical seasonality and market data suggest September often sets local lows before Q4 outperformance. Monitor macro events and institutional flows; plan risk-managed participation if patterns repeat.

Published: 2025-08-21 | Updated: 2025-08-21 | Author/Organization: COINOTAG

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