Bitcoin rises 24% as model signals volatile September

Bitcoin has gained 24%, while a CryptoSlate price-prediction model points to a potentially volatile September for the cryptocurrency. The model’s median forecast places Bitcoin at $81,319 by Sep. 29. The $80,000 level remains a resistance point, making progress above it a key test for the rally. A slowdown or break in exchange-traded fund (ETF) inflows could also challenge Bitcoin’s upward move. The forecast reflects a range of possible market outcomes rather than a guaranteed price path. CryptoSlate published the analysis on Aug. 31, highlighting the competing factors shaping Bitcoin’s near-term outlook. Bitcoin is the primary asset covered in the analysis; the related asset references do not form part of the forecast.