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Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week

 

 

BTCUSD trades flat on the re-escalation of US-Iran geopolitical tension. It hit a low of $ $76988 yesterday and is currently trading at about $77868.

 

For the week ending April 19, 2026, US spot Bitcoin ETFs attracted around $996 million in net inflows, making it the strongest weekly performance since January and putting an end to a four-month streak of outflows. This brings the total inflows for the year to approximately $245 million, with BlackRock's IBIT leading the way with over $900 million in recent purchases. The daily breakdown showed a big increase on April 19 ($647 million in total), followed by a midweek push on April 22 ($336 million: IBIT ~ $247 million, FBTC ~ $57 million), and smaller additions on other days. IBIT got about 60–70% of the money that came in that week. Drivers included BTC reclaiming the $74k–$76k zone on ceasefire optimism, though DeFi hacks like Kelp DAO ($292M) tempered risk appetite, while institutional buying—such as a roughly $2.5B BTC purchase by Strategy—boosted momentum; regulatory tailwinds from CLARITY Act progress also supported sentiment.

 

 

 

Technicals

CMP -$77868

Trend

4- Hour chart

Value

 

 

55 EMA

$76091

CMP> 55 EMA

Bullish

200- EMA

$72846

CMP >200- EMA

Bullish

365- EMA

$72848

CMP< 365 EMA

Bullish

 Major support- $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $80000. Any break above targets $85890/$90000.

Momentum indicator (4-hour chart)

Inference

Value

CCI(50)

Bullish

79.44

ADX

Neutral

 

It is good to buy on dips around $75000 with SL around $724000 for a TP of $84490.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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