In the first week of September, Bitcoin (CRYPTO: BTC) traded in a tight range while XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) outperformed as leverage shifted towards altcoins ahead of a busy macro week.
Why Is BTC Rangebound?
Bitcoin has traded between $77,100 and $81,300 over the past 20 trading sessions, with most recent activity concentrated near the middle of the range.
The $77,100 level is now key support making it one of Bitcoin’s highest-volume trading levels of 2026. It is also where BTC broke down in May.
A drop below could weaken the medium-term uptrend. A break above $81,300 could quickly push Bitcoin toward $86,500.
