24/7 Wall St.
Too Late to Buy Bitcoin After a 32% Rally in Two Months?
xCruzo Brief
Bitcoin has climbed about 32% in two months, moving from a July 31, 2026 close of $63,694 to roughly $84,883 by September 27. The article argues the rally may not be a breakout to new highs, but a rebound from a depressed floor: Bitcoin is at its highest level since January yet remains 3.7% below its 2026 opening price and 23% lower than a year ago. It notes Bitcoin’s low of $57,718 on July 1 and a 2026 record high of $126,198 from October 2025. Momentum appears to be slowing, with gains dropping from 42% over 90 days to 8% over the last 30 days, influenced by U.S. spot Bitcoin ETFs.
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