Bitcoin Is Back Near $80,000. Here’s What It Will Take to Reclaim $100,000

Quick Read

• Bitcoin is up 17% this week but must first clear $87,500 before a six-figure price becomes a live conversation.

• With the Fed funds rate at 3.75% and the 10-year Treasury near 4.65%, liquidity conditions remain too restrictive to fuel a Bitcoin rally.

• Bitcoin's RSI hit 74 and MACD turned positive in mid-August, but a near-identical July spike reversed within a month, meaning momentum must persist through September.

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Bitcoin (CRYPTO:BTC) was trading around $77,700 Friday after an extraordinary rally that has lifted the cryptocurrency more than 20% over the past week. Bitcoin remains below where it started 2026 and well below its October 2025 all-time high, but the speed of the rebound has put one number back on every crypto investor's screen: $100,000.

Bitcoin opened 2026 near $87,500 and reached a 2026 high of roughly $97,900 in January before tumbling. A return to $100,000 would therefore do more than reclaim a psychological milestone. It would erase the year's decline, clear Bitcoin's previous 2026 high, and put the cryptocurrency back into six figures.

Anthony Scaramucci has remained publicly bullish on Bitcoin eventually reclaiming $100,000 and said this week that the level became a "magic number" where some longtime Bitcoin holders sold during the previous run. That helps explain why six figures could once again become a major battleground.