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Bitcoin nears $75K after 10% April rally amid $1.14B profit-taking and cautious trader sentiment.

Market News
16 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Bitcoin surged nearly 10% in April, briefly reaching $75,000, but faces resistance as investors realized $1.14 billion in profits on a single day. Market data shows cautious trader behavior with mildly negative funding rates and uneven buying pressure focused on Binance. U.S. spot Bitcoin ETFs attracted $186 million in net inflows, signaling institutional interest. Analysts suggest Bitcoin may push toward $77,000-$78,000 before potential consolidation later in 2026.

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