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Bitcoin ETFs see $2.1B inflows in 8 days, signaling strong market momentum.

Market News
24 Apr 2026
Benzinga
View Source
Bullish
pluang ai news

Bitcoin ETFs have attracted $2.1 billion in inflows over eight consecutive days, marking the longest streak since October 2025 when Bitcoin reached its all-time high of $126,000. This surge in ETF demand has helped Bitcoin's price climb from $68,000 to $77,000, a 12% increase. Key technical levels to watch include the $80,000 short-term holder cost basis, which often signals profit-taking and potential local tops. The market shows strong support around $74,000 to $75,000, with resistance near $80,000 and $82,566, the 200-day moving average. ETF inflows, especially into BlackRock's IBIT, which has seen $3 billion in one-year flows, suggest renewed investor confidence and potential for further price gains if resistance levels are broken.

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