Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n Bitcoin (BTC<\/a>) price traded at approximately $81,330 at the time of writing after reaching an intraday high near $81,741, according to the daily chart. The move extended a sharp recovery from the $75,000\u2013$76,000 area and erased the losses recorded earlier in the week.<\/p>\n The cryptocurrency gained roughly 6% over 24 hours, outperforming after a week dominated by tighter monetary policy and uncertainty surrounding U.S. crypto legislation.<\/p>\n The rebound accelerated after BTC reclaimed its True Market Mean near $76,660. The move forced traders holding leveraged short positions to buy back Bitcoin as prices moved against them, contributing to more than $250 million in short liquidations over the past day.<\/p>\n <\/p>\n Forced buying helped BTC clear resistance at $78,000 and $80,000 before testing the low-$81,000 range. Bitcoin-related U.S. stocks also rallied, with Coinbase, Strategy and Robinhood recording strong gains during Friday trading.<\/p>\n The price recovery came despite the Federal Reserve\u2019s first interest-rate increase in three years and the failure of the CLARITY Act in the U.S. Senate. Both developments had weighed on sentiment earlier in the week.<\/p>\n Bitcoin\u2019s 4-hour chart shows that the Supertrend indicator has flipped from bearish to bullish. Its current support line sits near $78,677, leaving the short-term bullish structure intact while the price remains above that level.<\/p>\n The Aroon indicator also points to stronger upward momentum. Aroon Up stood at 85.71%, compared with an Aroon Down reading of 21.43%. The gap suggests that Bitcoin has recently recorded stronger highs while downside momentum has weakened.<\/p>\n However, Aroon Up has started to turn lower from 100%, meaning buyers may need another push above the recent high to maintain the strength of the signal.<\/p>\n On the daily chart, Bitcoin has moved above the Bollinger Bands\u2019 20-day middle line at $78,346 and is approaching the upper band at $81,745. A daily close above the upper band could support an extension toward the next resistance zone, although a rejection may send the price back toward the middle band.<\/p>\n Daily RSI has risen to 64.48 from its signal average of 57.25. Momentum remains bullish, but the indicator is approaching the 70 level commonly associated with overbought conditions.<\/p>\n The combination of a bullish Supertrend, a positive Aroon spread, and an RSI reading above 60 favors buyers. However, Bitcoin is now testing an area that has repeatedly limited gains since late August.<\/p>\n CoinGlass\u2019 three-day liquidation heatmap shows a dense band of leveraged positions between approximately $81,800 and $82,000. The cluster sits directly above the current price and could attract Bitcoin if buyers sustain the rally.<\/p>\n A move through $82,000 would expose additional liquidity near $82,500\u2013$83,000. Further liquidation bands appear around $84,000, giving bulls a sequence of possible upside targets if the short squeeze continues.<\/p>\n The largest nearby pools below the market sit around $80,000 and $79,400. Bitcoin could revisit either area if traders take profits following the rapid advance.<\/p>\n Liquidity is also concentrated between $78,500 and $79,000, close to the 4-hour Supertrend and daily Bollinger midpoint. The overlap makes the region an important support zone for the current recovery.<\/p>\n A deeper decline would bring $75,000\u2013$76,000 back into focus. The heatmap shows a broad concentration of leveraged positions in that range, while the daily lower Bollinger Band stands near $74,948.<\/p>\n Heatmaps identify areas where leveraged positions may face liquidation, but they do not guarantee that price will reach those levels.<\/p>\n Crypto analyst Ted Pillows said Bitcoin appeared set to close above its 50-week moving average. He identified $83,000 as the level BTC must clear to confirm that a market bottom has formed.<\/p>\n A sustained move above $83,000 would also break the upper part of the range that has contained Bitcoin since its August rally. Confirmation would place $85,000 in view before the market attempts a larger recovery.<\/p>\n\n
Bitcoin price action today<\/h2>\n
Bitcoin technicals turn bullish above $78,600<\/h2>\n
![\"Bitcoin](\"https:\/\/media.crypto.news\/2026\/09\/BTCUSDT_2026-09-19_15-33-57.webp\")
![\"Bitcoin](\"https:\/\/media.crypto.news\/2026\/09\/BTCUSDT_2026-09-19_15-33-14-1024x532.webp\")
Liquidation heatmap points to $82,000 resistance<\/h2>\n
![\"Bitcoin](\"https:\/\/media.crypto.news\/2026\/09\/BTC-Liquidation-Heatmap3-day-2026-09-19_15_32_05.webp\")
Analysts watch $83,000 for bottom confirmation<\/h2>\n