BTC/USD Signal 23/09: Bitcoin Rally Continues

Created on September 23, 2026

Bullish view

• Buy the BTC/USD pair and set a take-profit at 91,000.

• Add a stop-loss at 82,135.

• Timeline: 1-2 days.

Bearish view

• Sell the BTC/USD pair and set a take-profit at 82,135.

• Add a stop-loss at 91,000.

Bitcoin's price has remained in a bull market this year and is now hovering at its highest level since January. The BTC/USD pair peaked at 87,310, up 50% from its lowest level this year, as demand continues to rise.

Bitcoin Price Jumps as Demand Rises

Bitcoin has made a strong bullish breakout this year, helped by the rising demand among retail and institutional investors. Data shows that spot Bitcoin ETFs have had over $1 billion in inflows this week and over $1.5 billion this month. In total, these funds have added over $5 billion in assets in the last three months.

BlackRock’s IBIT has over $68 billion in assets, and is followed by funds from companies like Fidelity, Grayscale, and Bitwise. Strategy, the biggest Bitcoin holder in the world, bought 950 coins last week.

The same trend is happening in the futures market, where the open interest has continued rising. Data shows that the 24-hour open interest has jumped to over $61.2 billion. The interest has been in a strong upward trend after bottoming at $45 billion during the crypto winter.