Strategy Resumes Bitcoin Purchases After Two-Month Pause
After a two-month hiatus, Strategy resumed its Bitcoin purchases on August 31, 2026. The current price of BTC is $78,805.15, which falls within the Bollinger band with an upper resistance at $79,706.19 and lower support at $76,820.73.
The technical analysis remains bullish above the EMA50 at $77,331.72 and the EMA200 at $70,965.26. However, the MACD death cross at -84.28 signals caution in the short term, while the RSI at 45.25 stays neutral.
Traders are now eyeing a test of the 50-EMA before any potential continuation higher, which could also shape broader crypto market crash scenarios and AI industry impact on digital assets.