CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market
Published . Updated .
Bitcoin's outlook remains bullish, but it needs to clear a significant range of resistance levels stretching to $88,700, CryptoQuant said.
Directly affected
- BLSH Bullish
Named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- BITB BITWISE BITCOIN ETF TR
GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BITU PROSHARES ULTRA BITCOIN ETF
GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BITX 2X BITCOIN STRATEGY ETF
GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- FAS DIREXION DAILY FINANCIAL BULL 3X ETF
GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Bitcoin's outlook remains bullish, but it needs to clear a significant range of resistance levels stretching to $88,700, CryptoQuant said.
Source: The Block
The price since 12 Sep 2026: Bitwise Bitcoin ETF (BITB) versus the S&P 500
Since the first closing price after “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market,” Bitwise Bitcoin ETF (BITB) is +7.52%. The S&P 500 fund (SPY) is +0.77% over the same days, a +6.75% difference versus the market.
Who gains and who loses around Bitwise Bitcoin ETF (BITB)
Companies mentioned with this story
- BITB Bitwise Bitcoin ETF
Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market.” Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITU Proshares Ultra Bitcoin Etf
For “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITX 2X Bitcoin Strategy Etf
For “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FAS Direxion Daily Financial Bull 3X Etf
In “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GBTC Grayscale Bitcoin Trust ETF
Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market.” Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GGLL Direxion Daily Googl Bull 2X Etf
Direxion Daily Googl Bull 2X Etf (GGLL) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market.” Reason on file: GA selected GGLL as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Bitwise Bitcoin ETF (BITB)
The 12 Sep 2026 story “CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market” names Bitwise Bitcoin ETF (BITB) because of this story.
What ties Bitwise Bitcoin ETF (BITB) to the headline is this: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Proshares Ultra Bitcoin Etf (BITU), is listed for a different reason: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the Bitwise Bitcoin ETF (BITB) price range
BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59.
A simple score for Bitwise Bitcoin ETF (BITB)
46 out of 100
“CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.