Bitcoin has broken its year-long downtrend by printing its first higher high since peaking near $126K, signaling a potential shift to bullish momentum. Analyst Gert van Lagen highlights this technical breakout alongside a golden cross and strong ETF inflows, suggesting institutional interest is growing. Price targets range from $300K to $450K, implying significant upside potential if Bitcoin sustains this trend and surpasses the $100K psychological barrier. The move is supported by macroeconomic conditions and long-term holder conviction, indicating a possible new upward cycle for Bitcoin.
Bitcoin trades at Rp1.530.000.000 on Pluang as of Sep 22, 2026 01:44 WIB, showing a strong 6.22% gain in the past day. This price momentum aligns with the article's note of a bullish breakout and growing institutional interest. Despite a majority of Pluang users selling (65%), the market cap stands at Rp30.838,52T, indicating significant market value and ongoing activity with a 24-hour volume of Rp917,59T.
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