Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin price jumps above $86,000 on massive short squeeze, nearing 2026 high.

Market News
21 Sep 2026
Bitcoin
View Source
Bullish
Bitcoin price jumps above $86,000 on massive short squeeze, nearing 2026 high.

Bitcoin surged past $86,000, gaining 6% in a day and pushing its market cap to $1.72 trillion, close to its 2026 opening price of $87,575. The rally was driven by a massive short squeeze liquidating over $454 million in short positions within 24 hours, signaling strong buying momentum. Despite this surge, weekly ETF outflows of $300 million continue to weigh on the market. Analysts see this price action as a potential end to the recent trading range, with increased leverage and capital inflows suggesting further upside potential.

As of Sep 22, 2026 00:41 WIB, Bitcoin on Pluang trades at Rp1.533.929.255, up 6.41% in the last day, closely matching the article's reported surge above $86,000. The market cap on Pluang stands at Rp30.819,4 trillion, with a high 24-hour trading volume of Rp912,8 trillion. Notably, despite strong gains, Pluang order activity shows 77% selling and 23% buying, highlighting mixed investor sentiment during this rally.

More News (BTC)

Trump memecoin team transfers $18M in TRUMP tokens to OKX as Bitcoin nears $85K

Trump memecoin team transfers $18M in TRUMP tokens to OKX as Bitcoin nears $85K

Since the TRUMP token's unlock on September 18, wallets linked to the Trump memecoin team have moved about 8.4 million TRUMP tokens, worth roughly $18 million, to OKX exchange addresses. This follows a pattern of large transfers to exchanges, with 34...

Market News
Bearish
4 hours ago
XRP and NEAR lead $666M crypto short squeeze as prices surge in 24 hours

XRP and NEAR lead $666M crypto short squeeze as prices surge in 24 hours

A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...

Market News
Bullish
6 hours ago
Bitcoin jumps over 6% to $86K, driven by ETF demand and short squeeze, with potential to rise further.

Bitcoin jumps over 6% to $86K, driven by ETF demand and short squeeze, with potential to rise further.

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...

Analyst Insights
Bullish
6 hours ago
Bitcoin surges past $86,000 after $648M short squeeze clears key resistance

Bitcoin surges past $86,000 after $648M short squeeze clears key resistance

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...

Market News
Bullish
7 hours ago
Bitcoin surges past $85K as Kevin O'Leary predicts $1M BTC if quantum risks are solved.

Bitcoin surges past $85K as Kevin O'Leary predicts $1M BTC if quantum risks are solved.

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...

Market News
Bullish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App