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Bitcoin (BTC) has hit the $85,000 price level for the first time in January 2026, nearly 8 months ago. CoinGecko data shows that BTC has rallied by 5.3% in the last 24 hours and more than 10% in the last month. Let’s discuss why BTC is up today and if the asset can climb to $90,000 next. BREAKING: $85,000 Bitcoin pic.twitter.com/vAiBwnEnLx — Watcher.Guru (@WatcherGuru) September 21, 2026 Why Is Bitcoin Up Today? Source: Forbes BTC’s latest price rally is surprising given the overarching bearish market environment. Firstly, the US Senate voted against the highly anticipated pro-cryptocurrency CLARITY Act. The failure of the CLARITY Act was quickly followed by a hawkish stance by the Federal Reserve. The Federal Reserve decided to raise interest rates by 25 basis points after its recent FOMC (Federal Open Market Committee) meeting. Higher rates often leads to less risky investments. Bitcoin (BTC) and the larger cryptocurrency market is among the most risky assets in the ...

Bitcoin (BTC) had one of its best moments in late August and early September of this year when it reclaimed the $81,000 price level. However, BTC’s upswing seems to have cooled off. The asset is showing signs of entering a sideways trajectory and is facing substantial resistance at the $78,000-$80,000 price range. Let’s discuss what this means for Bitcoin (BTC) and what could happen next for the asset. What Next For Bitcoin? Will It Continue Moving Sideways Or Will It Face A Correction? Source: News.bitcoin The cryptocurrency market saw an upswing in late August 2026 due to two developments. The first was President Trump’s White House cryptocurrency event, during which the President said that the US plans on buying a large number of Bitcoin (BTC) and other cryptocurrencies. The statement likely led to a surge in investor confidence. The second development was the US Treasury’s decision to increase bond buy backs which led to a rise in liquidity. Increased liquidi...

Federal Reserve Chair Kevin Warsh delivered quite a hawkish speech at the Jackson Hole meeting on Friday, August 28, 2026. Warsh put substantial emphasis on inflation risks, which continues to remain above the Federal Reserve’s 2% target. His statements have led to increased expectations of an interest rate cut later this year. The US dollar is also gaining momentum, which gold was at its lowest during a Jackson Hole meeting. An interest rate hike and a stronger dollar could lead to Bitcoin (BTC) facing another price crash. Will Higher Interest Rates And A Stronger Dollar Crash Bitcoin’s (BTC) Price? Source: investmentmonitor.ai / Photo by maxtrks28/Shutterstock Bitcoin’s (BTC) recent rally to the $80,000 price level was fueled by two major events. Firstly, President Trump held a cryptocurrency event in the White House which may have elevated investor sentiment. During the event, Trump stated that the US plans to purchase a large amount of Bitcoin (BTC) and other crypt...

BitMine co-founder Tom Lee recently appeared on CNBC and highlighted four catalysts that could trigger another bull run for the cryptocurrency market, potentially pushing Bitcoin (BTC) back to the $100K mark. Lee’s BitMine presents one of the most bullish outlooks for Ethereum (ETH), holding 4.8% of all ETH in circulation. Let’s discuss what the expert has to say. Bitcoin to $100k Needs Just Four Catalysts? Source: Watcher.Guru The first catalyst that could trigger a bullish outbreak for Bitcoin (BTC) is the passing of the CLARITY Act. Lee anticipates the legislation to be passed into law in September 2026. The passing of the CLARITY Act has a lot of potential for triggering the next bull run. The move could lead to a massive surge in investor confidence. We could see increased inflows into Bitcoin (BTC) and other cryptocurrencies if the CLARITY Act is passed. The second catalyst according to Lee is sidelined short positions and cash returning to the market. Such a move coul...