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Bitcoin Eyes $80,000 Milestone as Institutional Demand Offsets Bearish Macro Forecasts

From fxleaders.com

Bitcoin BTC/USD continued to rise on Sunday, trading above $79,000 for the first time in weeks and gaining more than 2% in the last 24 hours. This was due to a new wave of institutional buying and a positive macroeconomic environment. But even while bulls were happy about the increase, a group of analysts warned that the surge might be running out of steam before it reaches $100,000. The main reason for Monday’s surge was clear: US spot Bitcoin ETFs saw nine straight days of net inflows through April 24, bringing in around $2.12 billion in total buying. This was the longest inflow streak of 2026 so far. That ongoing ... (full story)

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  • Category: Technical Analysis