Bitcoin's Green August Raises Questions About Bearish September Pattern

The performance of Bitcoin in August 2026 has been strong, with a +26.07% return as of August 29. This has led to speculation about whether September will break its historically bearish seasonal pattern.

Historical data shows that Bitcoin has not posted a green September immediately after a green August. The account @rektfencer noted this sequence in a post dated August 28, stating, 'SEPTEMBER WILL BE A TRAP FOR $BTC BULLS. Bitcoin has NEVER had a green September after a green August. Not once.'

The same account pointed out that a death cross configuration on certain timeframes indicated a strong bullish signal. However, ZachXBT flagged the account two years ago for running multiple accounts and sharing AI-generated posts.