Bitcoin is entering September below a key resistance zone extending toward $86,000 as markets raise the probability of a Federal Reserve interest-rate increase at its September meeting. CME Group’s FedWatch Tool shows the odds of a 0.25% hike just below 60%, up from 41.4% last week, after new chair Kevin Warsh said inflation remains too high at the Jackson Hole economic symposium. Upcoming private-employment, jobless-claims and nonfarm-payrolls data could alter those expectations. Oil markets have also become more volatile after renewed US strikes on Iran and an energy agreement giving the US significant control of Venezuela’s oil reserves. Brent crude moved above $90 per barrel, while US WTI crude surpassed $85. Bitcoin briefly fell below its 50-week exponential moving average (EMA), a trend indicator, at $77,269 before defending it for a second consecutive week. Analysts are monitoring resistance between $81,000 and $86,000, where long-term holders have a cost basis for 1.05 million BTC. CryptoQuant data showed wallets holding at least 100 BTC added about 60,000 BTC from Aug. 1 through Aug. 30, while smaller cohorts sold. The company said the accumulation thesis would need reassessment if large investors begin selling their recently acquired supply below $80,000.