Bitcoin: Surges Above $85,000 First Time in 9 Months

Bitcoin surges above $85,000 for the first time in 9 months as the crypto rally gains momentum, with over $400 million worth of levered shorts liquidated in 4 hours.

Price action at $84171.52 tests upper Bollinger resistance near $83491.17 while RSI(14) at 81.53 signals overbought conditions and MACD holds its golden cross at 1126.49; with EMA50 support at $79320.67 and EMA200 at $75642.2 acting as concrete floors, a healthy retracement to the 50-EMA before continuation appears probable on the 4h chart. BTC price prediction models now factor short liquidation impact and sustained crypto rally momentum into 2026 targets.