Bitcoin Logs Record-Setting September Surge

Bitcoin has wrapped up its strongest September on record, logging a 10% gain through September 23, 2026. The current price of BTC sits at $86,177.27, nestled within the Bollinger Bands with an upper resistance level at $89,326.12.

The four-hour chart remains bullish, thanks to its position above the EMA50 at $81,950.24 and the EMA200 at $76,817.75. However, the MACD death cross signals a fading momentum while the RSI stays neutral at 69.84.

Traders are now weighing this historic performance against broader crypto market crash risks and potential AI industry impact on risk assets. A healthy retracement toward the 50-EMA support appears probable before any continuation higher.