Key Takeaways Bitcoin hit an intraday high of $87,374 on Sept. 21, its strongest level since late January. Bitcoin gained roughly 6%-7% in 24 hours as short covering and institutional flows fueled the move. Bitcoin remains about 31% below its $126,277 peak, leaving traders to debate how much farther it can run. Bitcoin Price Roars Back Above $87K, and Traders Scramble for Answers The price of bitcoin and the myriad of other altcoins seeing massive gains has people excited. “Last time you’ll see Bitcoin under $100K?” the stock-to-flow (S2F) creator Plan B wrote on X on Monday. “Look at the …


