URGENT TODAY 21/09: $BTC exploded and hit $85,900 a moment ago, the highest level since January 2026. Up 5.5% in 24h.
What caused that?
1 - HUGE LIQUIDATION: More than $750 million were liquidated in 24h, 86% were shorts. In just 1 hour, $300 million in shorts were liquidated. 137 thousand traders got wiped out trying to bet against it.
2 - FALLING OIL: Brent has fallen for the 4th straight day below $100, with trading between the US and Iran. U.S. 10-year yields fell below 5%. This pulled the entire risk market.
3 - SEC NEWS: The SEC authorized on-chain trading of tokenized American stocks. That brought a lot of new money.
4 - COMPANIES BUYING: Strategy bought another 950 $BTC today for $75.7 million. Strive bought 1,355 $BTC for $107.7 million.
Today's data:
$BTC $85,190 (+5% today, +29% this month)
$ETH $2,758 (+5.6%)
$XRP $1.47 (+7.7%)
$SOL $111.82 (+8.7% today, +18.91% this month)
$BNB $778.50
Total market capitalization is back to $2.95 TRILLION.
The $BTC finally broke the 50-week moving average, the first time since November 2025, and regained the ETF cost basis, which is $82.225.
My strategy for 6pm:
I’m not buying at the top. The RSI is at 70.18—it's already overbought. I’ll wait for a close above $83k to confirm, or a drop to $81k to buy.
Any free coin profits I’m converting into $USDT and leaving in the Flexible Savings to earn interest.
Targets: If it holds $85k, next is $90k. If it drops, strong support at $81k and $80k.
Are you buying now at $85k or waiting for it to drop?
