Bitcoin Price Breaks Channel, Surges to $81,258 as Momentum Builds

Bitcoin's price surged by over 5% on September 18, breaking above $80,000 and reaching an intraday high of $81,258. The recovery was fueled by a 4-hour trend reversal and concentrated short liquidations.

The move followed a drop to around $75,560, Bitcoin's lowest level this month. Buyers first stabilized the price around $76,000 before pushing it through the $78,000 and $80,000 levels in two rapid advances.

While sellers remain active near the upper end of its recent range, the daily candle remains strongly positive, with its real body covering more than $4,000. The recovery also returned Bitcoin to the range it held before the September 15 sell-off.