September is usually red, but Bitcoin just created a surprise
Bitcoin is on track to record an increase of about 7% throughout September 2026. If it holds until the end of the month, this will become one of the strongest September performances for BTC in the data shown since 2013.
Interestingly, September has a reputation as a fairly tough month for Bitcoin. From 2013 to 2022, most Septembers on the chart ended in the red, before the last three years started turning green.
Now tradersโ attention shifts to the monthly close. Can this momentum hold until the September candle is truly closed?
Withdrawals reopened, US$463 million goes straight out of Bitget
Bitget recorded a net outflow of about US$463 million within 24 hours after withdrawal services were reopened following last weekโs security incident, citing data from Bloomberg.
This level of outflow indicates many users are choosing to move funds as soon as withdrawal access becomes available. However, outflow by itself does not automatically mean the exchange is facing new problems, since some could come from users who had been waiting for payouts.
Now, what traders need to watch is whether the outflow starts to slow down or continues after services return to normal.
Bitcoin starts to heat up; consolidation could be the next scenario
The Short-Term Holder Supply Profit/Loss Ratio data shows that short-term Bitcoin holders are back in a fairly high-profit condition. Historically, increases in this ratio often appear when the price starts to feel too hot in the short term.
This doesnโt mean Bitcoin is certain to fall. However, the market may need a consolidation or pullback phase so short-term holder profits can become more balanced again before the next momentum forms.
For traders, donโt just look at the price. Watch whether this indicator starts to reset or keeps heating up.
ETF absorbs billions of dollars, why is Bitcoin still stuck?
US spot Bitcoin ETF recorded inflows of about US$2.65 billion over five sessions, but BTC is still hovering around the US$84k area. At the same time, the yield on US 10-year Treasuries rose above 5.2%, making bonds more attractive for investors.
This becomes an interesting test for institutional demand. Purchases via the ETF are substantial, but Bitcoin still canโt break free because pressure from the bond market remains strong.
For traders, the battle is clear now. Is ETF demand strong enough to offset high yields?
PAID STARTS TO ATTRACT ATTENTION IN THE SOLANA ECOSYSTEM
After exiting the previous range, PAIDโs volume appears to be increasing quite significantly and starting to get market attention.
Snapshot at the time of observation: Market Cap: ~$34.2M Liquidity: ~$1.2M Volume 24H: ~$47.5M
Interesting narrative โ Volume starts flowing in โ Momentum begins to form โ
But remember, small cap = high risk, high reward.
If you want exposure, Iโm more comfortable treating this as a speculative play with a small allocation of about 0.5% of the portfolio. Donโt let one small position create a big risk for the portfolio.
What do you thinkโ is PAID still early or already too high to chase? ๐
Indra Kenz returned to public after receiving conditional release. This moment also revives a mystery that was once popular in the Indonesian crypto communityโwho exactly is behind the Skyholic account?
Indraโs name has previously been linked by netizens to Skyholic. However, until now, there has been no public evidence confirming that Indra Kenz is behind that account. Skyholic themselves once said that their account is run by a team.
Now Indra is back. Do you still believe thereโs a connection to Skyholic, or do you have another theory? Comment your theories ๐
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Discusses the hack incident, CEO Bitget is instead asked about her relationship status
CEO Bitget Gracy Chen appeared in a live session to discuss a security incident and the platform recovery steps. However, in the middle of this serious topic, a viewer instead asked whether she was still single.
Gracy replied casually, โYes, Iโm single, but itโs none of your business.โ The moment instantly shifted the live streamโs atmosphere, which had previously focused on security issues, to something much lighter.
For traders, the key takeaway is that Bitgetโs recovery process and the normalization of services after the incident remain the important part. The CEOโs relationship status? Consider it a plot twist bonus from this live session ๐ญ
Indra Kenz is conditionally free after the Binomo case
Indra Kesuma, alias Indra Kenz, has officially been granted conditional release from Cibinong Prison starting 24 September 2026. He was previously sentenced to 10 years in prison and a fine of IDR 5 billion in the Binomo case, including the crime of money laundering.
His status is not entirely free without obligations. Indra is required to report to the Bogor Probation Office (Bapas) every month and undergo guidance until 2030. If he commits another criminal act, his conditional release may be revoked.
The direct impact on the crypto market is practically limited. However, this case remains an important reminder for traders to distinguish between trading, investing, and high-risk platforms promoted through influencers.
๐จ BITCOIN REJECTS $87KโCORRECT FIRST BEFORE CONTINUING?
BTC failed to hold above the $87K area and is now trading again around $84K.
Whatโs interesting is that the Daily Stochastic has started showing bearish divergence along with a downwards cross from the overbought zone. This opens up a scenario where short-term momentum may be weakening.
๐ฏ The next area Iโm watching: $79.5Kโ$81K
This area is quite important because thereโs a confluence of the 21 EMA + Fibonacci 0.618. If the divergence is truly playing out, a retest into that zone is still very likely before Bitcoin decides its next direction.
A correction doesnโt necessarily mean the big trend is over. In fact, a strong support area can be the place to look for confirmation of the next setup.
What do you think: will BTC retest $80K first, or will it continue straight up?
Bitcoin prints the highest level in eight months, but history serves as a warning
Bitcoin touched around US$85,400, the highest level in eight months. This move is interesting because September is historically known as a relatively weak month for BTC, so this rally is different from the seasonal pattern traders usually watch.
Data since 2019 shows that after 19 September, most periods end with Bitcoin at lower levels into the end of the month. However, the sample size is limited and seasonality is not a guarantee that the pattern will repeat.
For traders, price momentum remains strong, but this historical data could be a reason not to ignore risk management.