Bitcoin Price Forecast: Bitcoin kicks off September with strength after 25% August surge

• Bitcoin extends gains, trading above $78,900 on Tuesday after staging a mild rebound the previous day.
• BTC ended August with a nearly 25% return, its strongest monthly performance in 21 months, while historical trends point to a cautious outlook for September.
• US-listed spot Bitcoin ETFs recorded $216.70 million in net inflows on Monday, while Strategy added 4,603 BTC to its holdings.

Bitcoin (BTC) starts September on a stronger footing after delivering a nearly 25% monthly return in August, its best performance in 21 months. BTC is trading above $78,900 on Tuesday, while renewed spot Exchange Traded Funds (ETFs) inflows and Strategy’s (MSTR) latest Bitcoin purchase signal continued institutional demand. However, historical September performance for the Crypto King suggests traders should remain cautious despite the strong start to the month.

What’s there for Bitcoin in September?

Bitcoin closed August with nearly 25% gains, its strongest monthly performance since November 2024 and marking two consecutive months of positive returns. Historical data below shows a cautious outlook for BTC in September, delivering average losses of -2.86%.

Simon-Peter Massabni, Head of Business Development at XS.com, told FXStreet, “The price action reflects a market that remains highly sensitive to shifts in monetary policy expectations. However, its overall structure remains considerably stronger than it was at the beginning of the month.”