Bitcoin Rebounds 30% but Fidelity Warns of New Low in November
Bitcoin (BTC)
Editor:
Eugene Serbin
Digitaltoday.co.kr reports that Bitcoin’s recent price surge does not guarantee the end of the bear market. Bitcoin Magazine cited Fidelity Digital Assets, which noted a pattern similar to past cycles but warned a new bottom could form in November. Bitcoin has risen approximately 30 percent since mid-August, reaching around $81,639 by August 30.
This rally followed the U.S. Treasury's announcement to more than double its Treasury buybacks. Chris Kuiper, vice president for research at Fidelity Digital Assets, stated that while the bottom may have occurred in July, Bitcoin could fall again later to form a new low. He emphasized that Bitcoin cycles do not strictly follow a four-year schedule.
The price had traded below $65,000 for most of June and July before the mood shifted. Investors are now watching the Clarity Act, a U.S. Congress bill on crypto market structure. President Donald Trump urged Congress to pass the bill after meeting industry officials at the White House. The legislation aims to provide regulatory clarity for Bitcoin, stablecoins, and other digital assets.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 4 September 2026. Not the outlet's figures.
Whalio’s Binance spot data shows Bitcoin trading at $81,270.37 with a 24-hour buy ratio of 54.7%, indicating that buyers are currently in control. Short-term pressure is slightly weaker, with the 1-hour buy ratio at 52.8% and the 4-hour ratio at 53.4%, suggesting buying momentum is consolidating rather than accelerating. Volume delta confirms this dominance, showing a net inflow of $149,570,931 over the last day. The Cumulative Volume Delta closed at +$129,008,179, meaning aggressive buying exceeded selling pressure throughout the period. This data reflects a market where participants are actively accumulating rather than distributing.
The latest daily buy ratio of 48.4% sits at the 40th percentile of the last 281 days, against a median of 49.2% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Compared to the preceding week, today’s activity represents a notable shift in intensity. The 24-hour buy ratio of 54.7% is 5.4 percentage points higher than the 7-day average of 49.4%. Volume also expanded significantly, reaching 1.49 times the weekly average. While the price change over eight days was modest at +1.3%, the surge in volume and buy ratio marks this as an unusual day of accumulation. This contrasts with the previous week’s average, where net buying occurred on only four of seven days.