Categories: Payment system news

A Highly Robust And Sustained Bullish Trend Is In The Works for Bitcoin, Expert Reveals

Bitcoin could be well on its way to a new high, according to data from a market expert. In a recent report, CryptoQuant analyst Mark Casar highlights Bitcoin’s recent price spike as a sign of a continued bullish trend.

Notably, Bitcoin recently climbed above the important $80,000 level; this move reads as a signal that the broader market is starting to heat up, according to futures volume indicators. The big bull is now advancing toward the $85,000 mark after clearing the one-year moving average, which currently sits near $80,061 and has acted as a key barrier.

According to the market analyst behind the report, if the current upward momentum continues and Bitcoin breaks through the critical two-year moving average resistance at an estimated $88,761, the move could unlock a much stronger and more sustained bullish trend for the leading cryptocurrency in the coming months.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

The recent development comes as Bitcoin climbed to $86,000, after sustaining gains going above 10% from last Sunday’s close. This came as spot and perpetual buyers continued to drive the advance, even as leverage and profit-taking gradually increased with the rising price. Meanwhile, the one lingering soft spot remains ETF flows, which are still moving in the opposite direction.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Meanwhile, a recent Bitcoin chart further validates a bullish uptrend as Bitcoin has just recorded its strongest weekly close in four months and successfully reclaimed the 50-week moving average for the first time since November 2025.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

BREAKING: Bitcoin printed its highest weekly close in 4 months and reclaimed the 50-week MA for the first time since Nov 2025. pic.twitter.com/K4wkX902nB

— Bull Theory (@BullTheoryio) September 21, 2026

According to CoinMarketCap data, the leading cryptocurrency is up more than 6% from the previous day and trading at $86,015, with total market cap up 5% at the time of reporting.

superadmin

Recent Posts

Nobody’s Buying Bitcoin Harder Than BlackRock with $1 Billion Inflows in the Last 4 Days

BlackRock’s IBIT Exchange Traded Fund (ETF) has maintained its top spot in the Bitcoin institutional…

2 hours ago

XRP Whales Move Almost $170 Million Off Exchanges in Seven-Month Withdrawal Spike

XRP whale transactions moved more than $165 million worth of tokens off major cryptocurrency exchanges…

1 day ago

Ripple Co-Founder Reveals What Could Help XRP Overtake Bitcoin

The debate over whether XRP can eventually overtake Bitcoin has resurfaced amid a broader market…

1 day ago

Why Do So Many People Still Oppose Bitcoin as the Ultimate Inflation Escape?

Bitcoin proponent Jeff Swanson has tweeted about why the premier cryptocurrency still has its fair…

2 days ago

Bitget Wallet Adds 1,700+ Tokenized Stocks Through Reality Integration

TL;DR Bitget Wallet is adding more than 1,700 tokenized stocks and ETFs through Reality. The…

2 days ago

Starknet’s Cairo Toolchain Releases v2.19.5 Update

TL;DR Cairo v2.19.5 has been released by Starkware. The update contains compiler and code-generation fixes.…

2 days ago