Bitcoin: Buyers Took Control ↓

Bitcoin-Buyers-Took-Control

1) Jul 1, 2026. BTC Low: $57K.

2) Aug 19-21, 2026. Price increased with strong volume.

3) Sep 3, 2026. Then, BTC used the AVWAP anchored to its Fourth Halving as resistance.

4) Sep 21, 2026. Finally, the price closed above this AVWAP for the first time this year on strong volume, confirming that buyers regained control of the market from the Fourth Bitcoin Halving.

• On-Chain Data.

A) Supply in Profit: In three months, it rose from 9M to 15M BTC. The last time SP moved between similar levels in such a short period was from late 2022 to early 2023, preceding a major bullish trend that extended through 2025.

B) Fund Holdings: Despite market volatility, funds hold 1.3M BTC, more than 5% of Bitcoin’s total supply, reflecting a strong base of holders.