Bitcoin's price recovery is targeting the $95,000 to $97,000 range, supported by strong ETF inflows and increased spot market activity, according to Glassnode. The cryptocurrency recently surpassed its $77,000 True Market Mean and a significant long-term holder supply zone around $84,000 to $85,000. Maintaining levels above $84,000 is crucial to keep the upward momentum toward the next major resistance near $96,700, where options activity is concentrated. Selling pressure remains light, with realized profits below previous market tops, and spot Bitcoin ETFs have seen renewed net buying, attracting about $1.3 billion in five days. This rally is also marked by a 121% increase in 24-hour exchange volume, the first major volume rise during a Bitcoin price increase in about a year, driven mainly by spot buying rather than leverage. If Bitcoin holds above $77,000, this cycle's bear market low could be the shallowest since 2017, signaling a potentially strong market recovery.
As of September 24, 2026, at 01:32 WIB, Bitcoin trades at Rp1.499.884.751 on Pluang, showing a 2.95% decline over the past day. The platform records a substantial 24-hour trading volume of Rp857,78 trillion, indicating active market participation. Despite the recent price drop, the market cap remains strong at Rp30.222,31 trillion, reflecting sustained investor interest during this critical phase for Bitcoin's price movement.
Since October 1, Bitcoin whales have accumulated 14,335 BTC worth about $1.22 billion. Trading activity shows a major support zone between $83,300 and $84,600 where about 1.59 million BTC changed hands. This support zone could influence Bitcoin's nea...
Bitcoin's recent price movements align with a historical cycle pattern suggesting it may have reached a low point, potentially signaling the start of a new bull market. Analysts project Bitcoin could hit $190,000 soon, with some traders like Peter Br...
BTW surged 23.7% to $1.20, leading altcoin gains while Bitcoin remained stable around $85,583. This sharp rise highlights growing investor interest in specific altcoins despite a 3.3% drop in total crypto market cap and steady Bitcoin dominance at 59...
On October 5, US spot ETFs for Bitcoin and Solana experienced net outflows, while Ethereum ETFs saw net inflows, a reversal of the weekly trend where Bitcoin led inflows and Ethereum faced outflows. Over the week, Bitcoin ETFs gained $241.09 million,...
Strategy reported an estimated $20.91 billion gain on its Bitcoin holdings in Q3 2026 due to revaluation at market prices, increasing the balance sheet value to $70.82 billion from an acquisition cost of $63.95 billion. Despite this accounting gain, ...
