Bitcoin traded near $83,000 as U.S. spot ETF inflows stretched to a ninth straight session, with analysts eyeing $100,000 for Q4 2026. Technical indicators still lean bearish even as accumulator addresses post record demand.
Bitcoin hovered around $83,000 on September 30 as its spot ETFs extended their inflow streak to nine trading days, with $100,000 eyed for Q4 2026. The wider crypto market lost 0.98% over 24 hours, pulling total market capitalization down to $2.85 trillion.
Bitcoin ETFs extend buying streak to nine days
U.S. spot Bitcoin ETFs drew roughly $3 billion over the nine-session streak. SoSoValue recorded $66.19 million in net inflows on September 29, led by BlackRock's IBIT with $51.09 million.
In Q3 2026, Bitcoin has risen 43.1% so far, poised for its best quarter since Q4 2024 and third-best quarterly gain since U.S. spot Bitcoin ETFs began trading in January 2024. The cryptocurrency has climbed 29.8% since August 19, when the U.S. Treasury announced expanded buybacks of longer-dated Treasury securities. U.S. spot Bitcoin funds attracted $2.4 billion during the week ending September 25, their largest weekly intake since October 2025.
Annual net inflows have reached approximately $1 billion, reversing the $5 billion deficit recorded at July's close.
Will Bitcoin hit $100,000 in October 2026?
BTC price stood at $83,259.79 on September 30, holding above the $82,000 support level while remaining below resistance at $86,000 after retreating from its recent September peak.
A continuing trend over $86,000 would reinforce the case for a test of $92,000, and clearing that barrier could open a path toward $100,000, roughly 20% above the cited level.
The four-hour RSI stood at 43, below the 50 mark that signals a lack of upward momentum, though not yet in oversold territory. The MACD line sat at -186.92, below its signal line of -151.29, with a histogram of -35.63 — a bearish alignment pointing to continued downward pressure, even as trading stays narrow.
On the downside, losing $82,000 would weaken the recovery structure and expose the $80,000 level, with further weakness potentially bringing the September trading area near $76,000 back into focus.
Accumulator demand hits a record high
Demand for Bitcoin from accumulator addresses has reached a record high, based on CryptoQuant data tracking holdings changes across these addresses over a 30-day period. An analyst said the increase reflects strong buying activity from investors described as smart money, following several smaller accumulation spikes recorded during 2026.
Source: CoinGape
Trading involves risk.
Risk Disclaimer
