Bitcoin has gained about 2.2% in September, positioning it for a third consecutive monthly increase, defying its usual weak September trend. The cryptocurrency has rebounded roughly 40% from its July low near $57,700, recently climbing above $80,000. However, it faces significant resistance from sell orders totaling around $100 million between $83,000 and $86,000, where long-term holders have a heavy cost basis near $85,000. This supply zone represents the next major test for Bitcoin's price momentum as the month closes.
Bitcoin's recent price momentum faces a key resistance with a $100 million sell wall looming between $83,000 and $86,000. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 20, 2026 20:01 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell today. Notable movers include ALGO with a 5.39% gain and 83% buy order activity, AAVE down 5.34% with 79% sell orders, and SUSHI down 5.32% with 99% sell orders.
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