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Crypto

Bitcoin Bounces Back Above $75K Amid Bullish Sentiment

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BTC
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Bitcoin's price briefly dipped below $75,000 but quickly rebounded, staying within a bullish flag pattern. This recovery is supported by key indicators such as the Golden Cross of the 50-day and 200-day SMAs, which suggest a potential upward trend reversal.

If Bitcoin breaks above its current channel and surpasses recent highs, it could trigger a strong rally, possibly pushing prices beyond $100,000.

The 50-week SMA also suggests that the bull market may have started, reinforcing positive momentum for the coming months. This is reflected in Bitcoin's significant scale, with a market cap of Rp27.784,78 trillion on Pluang as of September 18, 2026, at 16:21 WIB.

The strong buy sentiment is also evident, with 70% of orders being buys, and the 24-hour trading volume reaching Rp460,58 trillion. Bitcoin trades at Rp1.388.825.603 on Pluang, up 2.12% over the past day, indicating consistent positive momentum.

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