Bitcoin dips but eyes $100,000 as strong $82,500 support holds amid rising institutional demand.

Bitcoin's market cap dropped by $49.1 billion recently, but analyst Ali Martinez expects a rally to $100,000, citing a strong support level at $82,500. The price currently hovers around $83,120, with potential upside of over 20%. This optimism is supported by increased institutional interest, especially from BlackRock's Bitcoin ETF, which has driven BTC's price up more than 25% in six months and boosted total U.S. spot BTC ETF assets to about $108.66 billion. Investors may see some price consolidation before a possible surge to new highs.

As of Sep 24, 2026 18:21 WIB, BlackRock Inc (BLK) shares on Pluang are priced at USD 1,060.54 with a slight 1-day decline of 0.03%. The stock's market cap stands at $164.30 billion, reflecting its significant presence in the financial sector. This steady trading environment coincides with the article's mention of BlackRock's Bitcoin ETF driving institutional interest, highlighting BLK's role in the evolving crypto investment landscape.