The primary cryptocurrency rallied strongly earlier this week, briefly exceeding $87,000 for the first time since January. However, bulls couldn\u2019t sustain the momentum, and BTC retraced to the current $83,800 (per CoinGecko).<\/p>\n
While some might fear the bears are about to regain full control, three key factors suggest the asset remains positioned for further upside.<\/p>\n
BTC lost over $3,000 in value over the past 24 hours, yet institutional interest remains quite solid. Data shows that spot Bitcoin ETFs have posted five green days in a row, attracting more than $2.5 billion during that period. September 21 was the strongest day, when the financial vehicles accumulated almost $1 billion.<\/p>\n
<\/a>Spot BTC ETFs, Source: SoSoValue<\/p>\n This development suggests pension funds, hedge funds, and other conservative investors have increased their exposure to the asset, setting the stage for further gains.<\/p>\n Next on the list is the declining amount of BTC sitting on cryptocurrency exchanges. According to CryptoQuant, the figure has dropped to a four-month low of around 2.7 million, indicating that many investors have shifted from centralized platforms to self-custody solutions. This is considered a bullish sign since it reduces immediate selling pressure.<\/p>\n <\/a>BTC Exchange Reserve, Source: CryptoQuant<\/p>\n Last but not least, we shall mention the whale activity. The analytics platform Santiment revealed<\/a> that large investors (holding between 100 and 1,000 BTC) have purchased almost 114,000 units since mid-July. Their collective holdings have grown by 2.22% to roughly 5.24 million BTC, representing 26% of the asset\u2019s circulating supply.<\/p>\n This aggressive accumulation matters because it leaves fewer coins available on the open market, which, combined with steady or rising demand, should trigger a price pump. It also signals strong confidence among these market participants and may encourage smaller players to follow suit, bringing fresh capital into the ecosystem.<\/p>\n Earlier this week, renowned analyst Ali Martinez outlined<\/a> several factors, such as rising activity on the BTC network and growing appetite for spot Bitcoin ETFs, suggesting the asset\u2019s price may continue its uptrend all the way to $100,000.<\/p>\n Shortly after, he spotted<\/a> a double-bottom formation on the price chart, which signals that the $82,500 neckline is likely to hold as support, meaning that the $100K target remains in the cards.<\/p>\n CryptoQuant\u2019s analysts have also weighed in. They noted<\/a> that BTC recently closed above its 365-day moving average (around $80,500) for the first time since March 2023. According to them, the development confirms the start of a new bull run, reminding that similar breaks in 2019 and 2023 have been precursors to major rallies.<\/p>\n The post 3 Reasons Bitcoin\u2019s Bullish Trend Remains Intact Despite the Drop Below $84K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The primary cryptocurrency rallied strongly earlier this week, briefly exceeding $87,000 for the first time since January. However, bulls couldn\u2019t sustain the momentum, and BTC retraced to the current $83,800 (per CoinGecko). While some might fear the bears are about to regain full control, three key factors suggest the asset remains positioned for further upside. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-231736","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231736"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=231736"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231736\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=231736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=231736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=231736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Bull Market Has Begun?<\/h2>\n
![<\/a>Spot BTC ETFs, Source: SoSoValue<\/p>\nThis development suggests pension funds, hedge funds, and other conservative investors have increased their exposure to the asset, setting the stage for further gains.<\/p>\nNext on the list is the declining amount of BTC sitting on cryptocurrency exchanges. According to CryptoQuant, the figure has dropped to a four-month low of around 2.7 million, indicating that many investors have shifted from centralized platforms to self-custody solutions. This is considered a bullish sign since it reduces immediate selling pressure.<\/p>\n<\/a>BTC Exchange Reserve, Source: CryptoQuant<\/p>\nLast but not least, we shall mention the whale activity. The analytics platform Santiment revealed<\/a> that large investors (holding between 100 and 1,000 BTC) have purchased almost 114,000 units since mid-July. Their collective holdings have grown by 2.22% to roughly 5.24 million BTC, representing 26% of the asset\u2019s circulating supply.<\/p>\nThis aggressive accumulation matters because it leaves fewer coins available on the open market, which, combined with steady or rising demand, should trigger a price pump. It also signals strong confidence among these market participants and may encourage smaller players to follow suit, bringing fresh capital into the ecosystem.<\/p>\nThe Bull Market Has Begun?<\/h2>\nEarlier this week, renowned analyst Ali Martinez outlined<\/a> several factors, such as rising activity on the BTC network and growing appetite for spot Bitcoin ETFs, suggesting the asset\u2019s price may continue its uptrend all the way to $100,000.<\/p>\nShortly after, he spotted<\/a> a double-bottom formation on the price chart, which signals that the $82,500 neckline is likely to hold as support, meaning that the $100K target remains in the cards.<\/p>\nCryptoQuant\u2019s analysts have also weighed in. They noted<\/a> that BTC recently closed above its 365-day moving average (around $80,500) for the first time since March 2023. According to them, the development confirms the start of a new bull run, reminding that similar breaks in 2019 and 2023 have been precursors to major rallies.<\/p>\nThe post 3 Reasons Bitcoin\u2019s Bullish Trend Remains Intact Despite the Drop Below $84K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The primary cryptocurrency rallied strongly earlier this week, briefly exceeding $87,000 for the first time since January. However, bulls couldn\u2019t sustain the momentum, and BTC retraced to the current $83,800 (per CoinGecko). While some might fear the bears are about to regain full control, three key factors suggest the asset remains positioned for further upside. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-231736","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231736"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=231736"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231736\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=231736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=231736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=231736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/09\/BTC-ETFs.png\"){kind=link}
![<\/a>BTC Exchange Reserve, Source: CryptoQuant<\/p>\nLast but not least, we shall mention the whale activity. The analytics platform Santiment revealed<\/a> that large investors (holding between 100 and 1,000 BTC) have purchased almost 114,000 units since mid-July. Their collective holdings have grown by 2.22% to roughly 5.24 million BTC, representing 26% of the asset\u2019s circulating supply.<\/p>\nThis aggressive accumulation matters because it leaves fewer coins available on the open market, which, combined with steady or rising demand, should trigger a price pump. It also signals strong confidence among these market participants and may encourage smaller players to follow suit, bringing fresh capital into the ecosystem.<\/p>\nThe Bull Market Has Begun?<\/h2>\nEarlier this week, renowned analyst Ali Martinez outlined<\/a> several factors, such as rising activity on the BTC network and growing appetite for spot Bitcoin ETFs, suggesting the asset\u2019s price may continue its uptrend all the way to $100,000.<\/p>\nShortly after, he spotted<\/a> a double-bottom formation on the price chart, which signals that the $82,500 neckline is likely to hold as support, meaning that the $100K target remains in the cards.<\/p>\nCryptoQuant\u2019s analysts have also weighed in. They noted<\/a> that BTC recently closed above its 365-day moving average (around $80,500) for the first time since March 2023. According to them, the development confirms the start of a new bull run, reminding that similar breaks in 2019 and 2023 have been precursors to major rallies.<\/p>\nThe post 3 Reasons Bitcoin\u2019s Bullish Trend Remains Intact Despite the Drop Below $84K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The primary cryptocurrency rallied strongly earlier this week, briefly exceeding $87,000 for the first time since January. However, bulls couldn\u2019t sustain the momentum, and BTC retraced to the current $83,800 (per CoinGecko). While some might fear the bears are about to regain full control, three key factors suggest the asset remains positioned for further upside. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-231736","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231736"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=231736"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231736\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=231736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=231736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=231736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/09\/BTC-Exchange-Reserve.png\"){kind=link}