Bitcoin surged 6% to reclaim $80,000 amid falling crude oil prices, easing inflation fears and boosting markets. Fidelity's Jurrien Timmer sees this as the end of Bitcoin's one-year 'winter' and the start of a new bull market cycle, supported by positive BTC/gold correlation and technical indicators like the 50-week moving average. Analysts suggest that if Bitcoin clears the $82K resistance, it could rise above $90K, though failure to do so might lead to a retest of $60K. Institutional traders currently assign a 35% chance of Bitcoin reaching $90K by December, signaling cautious optimism for the crypto's near-term outlook.
Bitcoin's outlook is discussed with new bullish predictions. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Sep 19, 2026 22:41 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell. Notable gainers include THETA at Rp3.907 (+7.45%), VET at Rp148 (+7.09%), and COMP at Rp386.547 (+7.07%).
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