Bitcoin's Upswing: Can it Hit $110k or Beyond?

Bitcoin has gained approximately 45% since its June close, reaching $84,883 as of September 27, 2026.

The cryptocurrency still needs to climb another 49% to reclaim its peak of $126,198 from October 2025.

Significant buying activity has been coming from spot Bitcoin exchange-traded funds (ETFs), which attracted approximately $2.4 billion from September 21 to 25 alone and could sustain roughly $10 billion in monthly purchases.

The key question for Bitcoin this cycle is whether it can break new records or just recover from last year's downturn, with the crucial $110,000 mark presenting a significant wall of resistance.