Bitcoin's Price Stuck Between Key Levels as Adoption Continues
As September begins, Bitcoin's price finds itself at an impasse, stuck between $76,000 and $80,000. The BTC price has been unable to reclaim the $80,000 level but also hasn't broken below key support.
Away from the charts, adoption continues to move forward, with Strategy adding another 4,603 BTC between August 24 and 30, spending roughly $369.7 million at an average price of $80,318 per coin.
The company now holds 845,050 BTC worth about $63.73 billion, reinforcing its position as the largest corporate Bitcoin holder.