Bitcoin Price Stabilizes Around $77,927 as Strategy Resumes Buying Spree

Bitcoin's price has stabilized around $77,927 as of September 3, 2026, hovering just above its daily moving averages. This uptrend has been in place for months, with BTC trading above its EMA20 ($74,964), EMA50 ($70,598), and EMA200 ($72,134) levels.

The daily MACD histogram has turned negative, indicating a slowdown in momentum despite the intact price structure. This divergence warns against leaning too heavily into the bullish narrative.

Strategy, led by Michael Saylor, has resumed Bitcoin purchases after a two-month pause, deploying $370 million. This renewed institutional demand lends credibility to the path toward the upper Bollinger region near $86,381.19.