Gemini AI has mapped out Bitcoin’s next major price levels as Strive adds 1,355 BTC to its holdings and U.S. spot Bitcoin ETFs record almost $1 billion in daily inflows.
Bitcoin (BTC) has gained more than $10,000 in less than a week, supported by renewed buying from corporate treasuries. Gemini AI sees further upside potential, although the next few sessions could determine whether the move develops into a sustained trend or fades as short sellers exit. BTC was trading near $85,340, up 4.6% over 24 hours, after reaching $87,330.
The rally marks a sharp recovery from the recent downturn. Bitcoin had fallen to roughly $75,000 after the Senate rejected the CLARITY Act and the Federal Reserve delivered its first rate hike since 2023.
Bitcoin has now climbed back above $85,000 for the first time since January. Its 24-hour trading volume stands at $62.6 billion, while its market capitalization has returned above $1.71 trillion.
Strive has contributed to the renewed demand by purchasing 1,355 BTC for $107.7 million at an average price of $79,475. The acquisition raised the company’s Bitcoin holdings to 26,355 BTC, worth more than $2.2 billion at current prices.
The latest purchase was significantly larger than Strive’s previous acquisition. The company bought 469 BTC for $36.6 million last week, making the new purchase roughly three times the size. Strive financed the deal using non-dilutive preferred equity instead of debt. Preferred shares represented 57.7% of its total capital raised, while warrant exercises generated $21.2 million in gross proceeds.
Strive has also begun announcing its Bitcoin purchases on Mondays, giving investors a regular weekly update on its accumulation strategy.
Strategy has also resumed buying. The company purchased 950 BTC yesterday, ending a multi-week pause in its Bitcoin acquisitions.
Bitcoin ETF Inflows Strengthen the Rally
Corporate purchases have drawn attention, but spot Bitcoin ETF flows offer a wider view of institutional demand. Those flows have now turned sharply positive.
U.S. spot Bitcoin ETFs attracted $999 million on September 21, their strongest single-day inflow in months. BlackRock’s IBIT led with $381.4 million, followed by ARK’s ARKB with $289.1 million and Fidelity’s FBTC with $238.8 million.
The inflows offset the $746 million in combined withdrawals recorded on September 15 and 16, when uncertainty around the CLARITY Act pressured Bitcoin and other crypto assets.
The ETFs now hold approximately $103 billion in net assets, while cumulative inflows since launch have reached $56.62 billion. The latest figures indicate that institutional investors have been using the recent weakness to increase exposure rather than leave the market.
Bitcoin’s technical picture has also improved. BTC broke through $82,303 on Monday, a level that had previously rejected advances in May and September. With that barrier now behind the market, $82,303 has become a key support area. Bitcoin climbed to $87,330 before pulling back.
Gemini AI Highlights Three Key Levels
$82,300 support:
Holding above this level would help preserve Bitcoin’s latest breakout. Daily closes above it would keep the current structure intact.
$90,000–$92,000 target:
If ETF inflows remain strong, Bitcoin could move toward this range, with limited resistance between current levels and the target.
$98,330 resistance:
The 2025 level remains an important hurdle before Bitcoin reaches $100,000. A move toward it could potentially extend into year-end.
The rapid pace of the rally remains a key risk. Bitcoin has advanced roughly 13% in less than a week, while the 1.4% decline from the recent high highlights the potential for sharp reversals after a squeeze-driven move. A daily close below $82,300 could bring $73,836 back into focus.
For now, however, buying from corporate treasuries and spot Bitcoin ETFs continues to support the market.
