Bitcoin Targets $100K as Double Bottom Forms, $85K–86.5K Zone Key
- —Bitcoin hit $87,392, its highest since late January, then retraced to $85,000–86,500
- —About 633,000 BTC last changed hands in the $85,000–86,500 range, the densest buyer cluster
- —US spot Bitcoin ETFs pulled in $2.31 billion across four sessions through September 22
- —Strategy bought 950 BTC for $75.7 million, lifting holdings to 846,000 BTC; Strive added 1,355 BTC
Why it matters: Holding $85,000–86,500 alongside steady ETF inflows would open the path to $90,000 and the $100,000 target, though rising leverage risks a flush.
Source: Blockonomi