In brief Bitcoin gained nearly 25% in August, its best August since 2017, closing the month back above its 50-month moving average for the first time since last year’s crypto winter began. On Myriad Markets, traders are pricing a 77% chance BTC hits $84,000 before it dumps to $55,000. September is Bitcoin’s historically weakest month, and the daily chart shows price already stalling under a resistance wall that’s held since late August. Bitcoin is trading around $77,500 on the first day of September, down about 1.3% on the day after closing out one of its strongest months of the cycle.The…

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