Bitcoin
Bitcoin sustains consecutive closes above $80,000 driven by short liquidations and ETF inflows
Bitcoin held above the $80,000 mark for two days in mid-September as spot ETF purchases offset persistent selling resistance near $82,000.
Bitcoin recorded consecutive daily closes above $80,000 on September 18 and 19, 2026, finishing at $80,875 and $81,214 respectively, its first closes above that level since September 7. The initial surge on September 18 saw the asset rise from $76,349 to an intraday high of $81,388, supported by approximately $170 million in short position liquidations.
In addition to forced short-covering, spot Bitcoin ETFs registered $592.5 million in net inflows between September 17 and 18, including $433 million on September 18 alone, according to SoSoValue data. This followed two days of outflows totaling $746 million on September 15 and 16.
Despite the upward momentum, the article notes that Bitcoin has faced repeated selling resistance in the low $82,000s since late August. A previous advance on September 3 reached $82,283 before closing lower at $81,264, leaving market attention focused on whether the asset can close above $83,000.
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