Bitcoin surged past $84,000, fueled by a short squeeze that forced bearish traders to close leveraged positions, causing $746 million in crypto liquidations. This rally lifted most cryptocurrencies, with Bitcoin futures and options showing increased bullish activity. Despite the gains, high leverage levels pose risks of volatility or a potential long squeeze if momentum fades. The market sees strong buying interest, but investors should watch for possible sharp corrections.
Bitcoin is trading at Rp1.526.474.413 on Pluang as of Sep 21, 2026 21:34 WIB, showing a strong 1-day gain of 6.98%. This surge aligns with the article's report of a short squeeze driving prices above $84,000, although the platform data shows a slightly different price level in rupiah. Despite the rally, Pluang order activity remains predominantly sell at 77%, indicating cautious sentiment among traders even as Bitcoin's market cap reaches Rp30.505,88 trillion.
Bitcoin surged more than 6% to trade around $86,000, fueled by a mix of ETF demand and a short squeeze rather than broad market accumulation. Analysts at Nansen highlight that while the price has turned bullish quickly, major crypto holders remain ca...
Bitcoin surged to $86,000, its highest in eight months, driven by a massive $648 million short squeeze that broke through a critical resistance zone between $82,000 and $86,000. This price level is significant as it marks the breakeven point for US s...
Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...
Ethereum surged 6% to $2,719 on September 21, breaking a key resistance level at $2,672 following Bitcoin's rise above $85,000. This triggered a major short squeeze, liquidating over $700 million in crypto positions within 24 hours, with $313 million...
Bitcoin surged past $85,400, its highest since January 2026, driven by renewed U.S. spot Bitcoin ETF inflows and massive short liquidations totaling over $664 million. The rally pushed Bitcoin's market cap to $1.71 trillion and lifted the broader cry...
