Published Aug 26, 2026, 10:24 PM ET · Updated 3 months ago · 1 source

Bitcoin's recent rally is a bull trap due to historical September weakness

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Original Report

Despite Bitcoin's recent rally of over 20% to cross $80,000, fueled by Treasury bond buybacks, a short squeeze, and nearly $2 billion in ETF inflows, it is likely a bull trap rather than the start of a new bull run, especially considering September's historical performance as Bitcoin's worst month.