BTC/USD Signal 01/09: Bitcoin’s Bullish Flag Breakout

Created on September 01, 2026

Bullish view

• Buy the BTC/USD pair and set a take-profit at 81,500.

• Add a stop-loss at 76,000.

• Timeline: 1-2 days.

Bearish view

• Sell the BTC/USD pair and set a take-profit at 76,000.

• Add a stop-loss at 81,500.

The BTC/USD pair remained in a tight range today, September 1, as the recent rally stalled. Bitcoin was trading at $78,744, a few points below the year-to-date high of $81,330. It remains about 36% above its lowest level this year, and has formed a bullish pattern, pointing to more gains in the coming weeks.

Bitcoin Price is Seeing Traction as Volatility in Stocks Rise

The BTC/USD pair had a strong performance in August as it moved from a narrow consolidation phase to its highest level in months. It soared to its highest level since May 12 this year.

The breakout coincided with the end of the rising volatility in the stock market, with the Dow Jones and S&P 500 indices remaining below their all-time highs. Top stocks that led the gains like SanDisk and Micron have all moved to a bear market after falling by over 20% from their highs.

Bitcoin also experienced substantial inflows during the month. ETFs tracking the coin had over $3.5 billion in inflows in August, a big increase from last month’s $172 million. These funds now holds over $98 billion in assets, with BlackRock’s IBIT having the biggest market share.