Bitcoin returns above 87,000$ supported by ETF funds.. Will the rally continue?
On September 22, 2026, Bitcoin rose to 87,278$ , recording its highest level in 8 months, before stabilizing between 85,000 and 86,500$, with a weekly increase of 10%-13%.
Reasons for the rise:
• In the U.S., inflows into spot ETF funds reached $998 million in one day, the largest inflow since October 2025.
• Liquidation of short positions worth more than $800 million.
• The crypto market cap returned above $3 trillion.
• Strategy increased its holdings by 950 BTC.
My read on the market:
This rebound depends on the return of ETF money and the closing of short positions, and sentiment has improved in the short term. However, Bitcoin is still 30% below its all-time high, and there has been no fundamental change. Regulatory uncertainty and interest rates remain risks.
Therefore, I consider it a strong intermediate correction rather than the start of a new bull cycle. For the rise to be sustainable, we need continued spot demand and clearer policy implementation. Volatility will remain high, so caution is recommended.
#BTC☀️ #Bitcoin❗ #etf
On September 22, 2026, Bitcoin rose to 87,278$ , recording its highest level in 8 months, before stabilizing between 85,000 and 86,500$, with a weekly increase of 10%-13%.
Reasons for the rise:
• In the U.S., inflows into spot ETF funds reached $998 million in one day, the largest inflow since October 2025.
• Liquidation of short positions worth more than $800 million.
• The crypto market cap returned above $3 trillion.
• Strategy increased its holdings by 950 BTC.
My read on the market:
This rebound depends on the return of ETF money and the closing of short positions, and sentiment has improved in the short term. However, Bitcoin is still 30% below its all-time high, and there has been no fundamental change. Regulatory uncertainty and interest rates remain risks.
Therefore, I consider it a strong intermediate correction rather than the start of a new bull cycle. For the rise to be sustainable, we need continued spot demand and clearer policy implementation. Volatility will remain high, so caution is recommended.
#BTC☀️ #Bitcoin❗ #etf