Crypto Report | September 21, 2026 Bitcoin rose to its highest levels in eight months, climbing above $85K as technical breakouts, falling oil prices, and major short liquidations supported the rally. 👇 Key highlights: ▪️ For the first time in 45 weeks, Bitcoin closed the week above the 50-week moving average. In 11 of 13 similar historical instances examined by Galaxy Research, BTC did not form a new bottom afterward. ▪️ As BTC moved above $85K, around $648 million in short positions were liquidated over the past 24 hours; the open interest size increased by 7.59% to reach $156 billion. ▪️ Brent crude fell by about 2.6% to around $101, and the decline in U.S. Treasury yields supported risky assets. ▪️ Strategy bought 950 BTC for $75.7 million after a three-week pause, bringing its total holdings to 846,000 BTC. ▪️ For the first time since January, Bitcoin has again surpassed the approximate average cost level of about $82,225 for U.S. spot $BTC ETF investors.