The Bitcoin (BTC), which was consolidating around $81,000 at the start of September, has climbed back up to $86,000 today, bringing life back into the market.
What’s happening in the market with the current chart situation?
🟢 Spot ETFs still strong: Support held firm around $80,000–$82,000 because money keeps flowing smoothly into the ETFs.
🔴 RSI is overbought: In the short term, RSI reached above 70, so you can see a brief pullback down to around $85,500 and a period of consolidation that stays calm.
🎯 Important levels:
Support: $85,000 / $82,000
Resistance: $86,500 - $88,000
If it can decisively break above $86,800, there is a chance it can continue toward the $90,000 - $100,000 range with strong momentum.
Do you think BTC will reach $100K by the end of this year? Drop your target price in the comments! 👇