Bitcoin
September 11, 2026
Bitcoin Price Sits Near $78K as 68% of Supply Turns Profitable, Armstrong Targets $400K
- Bitcoin ETF demand is rising as the Bitcoin golden cross adds fresh bullish momentum, while US spot ETFs see strong inflows
- Bitcoin price briefly crossed $81K as Bitcoin demand strengthened across the US market
- The Bitcoin golden cross could support bullish sentiment, but Bitcoin price movements will still depend on broader market demand and conditions
Bitcoin is now giving traders another chance to turn bullish. The cryptocurrency has now started to flash a golden cross setup, turning the dormant market momentum active once again. In addition to this, the surging Bitcoin demand in the US is also helping the asset rise further in the market. US spot Bitcoin ETFs have recorded roughly $3.8B in net inflows over three weeks. This is showcasing that the bull market momentum is catching up, as markets await the asset to deliver stellar price movements.
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Why Does Bitcoin Golden Cross Matter?
A Bitcoin golden cross setup is a unique movement. It usually happens when the 50-day moving average rises above the 200-day average. This development is generally viewed as a sign that short-term momentum is now catching up with the longer trend. The setup is considered a bullish technical signal, which blends well with the current US spot Bitcoin ETF demand.
“Bitcoin’s golden cross has officially confirmed for the first time since November 2025. Its 50-day average has crossed above the 200-day after spending nearly 280 days below this signal. The last three completed golden crosses sent Bitcoin up 50%, 45%, and 60%. This time it’s backed by $3.8 BILLION in ETF inflows over the last three weeks, the strongest stretch of 2026.”
This golden cross appeared after November 2025. Bitcoin ETFs, coupled with this cross-development, are helping the markets expect new price movements.
The post by the Coin Bureau outlined how previous golden cross setups ended up sending BTC prices as high as 50% to 60%.
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Bitcoin Demand Is Picking Up
It’s not just the golden cross that has been fueling the hopes of investors as of late. The Bitcoin demand in the US is also showing strength, reflected through the rising Bitcoin spot ETF metrics. These ETFs have ended up attracting funds worth $730.9M on September 3 alone, marking their biggest single-day inflow since January. Bitcoin has also briefly hit the $81K mark, injecting more bullish momentum into the market.
“Bitcoin ETFs took in roughly $731M last Thursday. That is the biggest single-day inflow since January. It follows the strongest month ETFs have had all year.”
This combination matters, as Bitcoin had lately been showing strength across the market, indicative of its future potential.
At the same time, the US fiscal policies, including the decision to carry out Treasury debt buybacks, are also helping assets like Bitcoin’s gain stronger price momentum.
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