Bitcoin price drops to $76.600 with an eye on $74.000

The Bitcoin price is under pressure on 2 September 2026. After a rejection at $77.700, Bitcoin is trading around $76.600, a decline of 1.6% in 24 hours. Analyst Michaël van de Poppe expects the price to first test the recent low at $76.400 and then slide to $76.200. If that level does not hold, he sees $74.000 as the next interesting entry level.

Bitcoin is available at OKX and Bybit.

In short:

• Bitcoin rejects at $77.700 and falls to $76.600
• Van de Poppe expects a test of the zone around $76.200
• If it breaks to the downside, $74.000 is the next support level

Rejection at $77.700 sets the tone

Bitcoin has so far failed to stay above $77.700. According to Michaël van de Poppe, that rejection is clearly visible on the chart and determines the short-term picture.

Van de Poppe expects the price to first take out the recent low around $76.400, followed by a test of the support zone at $76.200. This is also visible on the chart, where several green support zones are marked between $75.779 and $76.607.

$74.000 as a possible entry zone on further decline

If the zone around $76.200 offers no support, Van de Poppe sees a considerable chance of a further decline towards $74.000. He describes that level as a potentially interesting entry area, not as a price target.

The timing is striking: September is historically known as the weakest month for Bitcoin, which could add extra downward pressure. Meanwhile, Bitcoin ETFs continue to attract inflows, although it remains to be seen whether that is enough to support the price for now.

Whether the support zone at $76.200 actually holds will become clear in the coming hours. As long as Bitcoin remains below $77.700, Van de Poppe sticks to his downward scenario.