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Bitcoin nears $90k as short-term holders break even and ETF demand surges amid extreme greed signals.

Market News
23 Sep 2026
AMBCrypto
View Source
Bullish
Bitcoin nears $90k as short-term holders break even and ETF demand surges amid extreme greed signals.

Bitcoin's recent rally has pushed prices back into the $85k-$90k range, with short-term holders recovering losses and ETF demand hitting record inflows. The Fear and Greed Index shows 'extreme greed,' signaling high market euphoria that could lead to a local top or pullback. Historical patterns and MVRV data suggest a bullish recovery phase, but the market may face resistance breaking $90k due to leveraged positions and potential bull traps. Continued ETF interest and short squeezes could drive Bitcoin past $90k if momentum holds.

Following Bitcoin's recent rally discussed in the article, on Pluang BTC trades at Rp1.537.516.994 as of Sep 23, 2026 15:21 WIB, showing a modest 0.80% increase in the last day. Market activity on Pluang leans slightly bullish with 54% of orders to buy and a typical holding period of 110 days, indicating steady investor interest amid ongoing market momentum.

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