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Bitcoin breaks $80,500, signaling a rare long-term bullish trend for the first time since 2023.

Technical Signals
22 Sep 2026
UToday
View Source
Bullish
Bitcoin breaks $80,500, signaling a rare long-term bullish trend for the first time since 2023.

Bitcoin has surpassed the $80,500 mark for the first time since 2023, breaking above its 365-day moving average and a key long-term trendline that previously predicted bull markets in 2019 and 2023. This breakout indicates a confirmed uptrend, supported by on-chain metrics like the MVRV ratio entering positive territory, signaling growing investor profitability. Despite strong buying momentum, analysts advise caution as the market remains sensitive to U.S. ETF inflows and Federal Reserve policies. The next critical resistance lies between $88,000 and $90,000, which if breached, could lead to new all-time highs.

As of Sep 23, 2026 00:01 WIB, Bitcoin trades on Pluang at Rp1.547.985.456, showing a 1.18% increase over the past day. The platform records a market cap of Rp30.835,8 trillion and a 24-hour trading volume of Rp760,24 trillion. Despite the recent bullish signals noted in the news, Pluang users currently place 65% of their orders as sell and 35% as buy, with an average holding period of 110 days.

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