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Bitcoin surges past $80K as $183M in short bets liquidate, fueling a sharp price rally.

Market News
18 Sep 2026, 18:20 WIB
Bitcoin
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Bullish
Bitcoin surges past $80K as $183M in short bets liquidate, fueling a sharp price rally.

Bitcoin's price surged from around $76,400 to nearly $81,000 on September 18, 2026, driven by a rapid liquidation of $192 million in leveraged crypto positions, including $183 million in short bets. This forced buying pushed Bitcoin above $80,000 for the first time since early September, despite recent bearish events like a failed U.S. Senate crypto vote and central bank rate hikes in the U.S. and Japan. The move was amplified by inflows into U.S. spot Bitcoin ETFs and momentum trading, but Bitcoin still faces resistance near $81,700-$83,000 and remains well below its all-time high of $126,200 from October 2025. The event highlights how short sellers' losses can accelerate price rallies in volatile markets.

Bitcoin on Pluang trades at Rp1.435.000.000 as of September 18, 2026, 22:32 WIB, marking a 5.93% gain in one day. This rise contrasts with its 52-week range where Bitcoin remains well below its all-time high of $126,200 from October 2025. The current market shows strong buying interest with 70% of orders on Pluang being buys, supporting the recent price surge despite broader market uncertainties.

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