Geopolitical Jitters vs. Institutional Might: Bitcoin Braces for Ceasefire Clarity

As the market awaited US-Iran ceasefire discussions, BTCUSD showed a small sell-off. It hit a low of $76425 and is currently trading at about $76656.

U.S. spot Bitcoin ETFs showed strong institutional demand between April 22 and April 24, 2026, bringing in USD 549 million in net inflows as the market settled down after the Bank of Japan made its policy decision. BlackRock's IBIT continued to be the main engine of development, adding a staggering USD 280.8 million on April 22 alone; Grayscale's GBTC, meanwhile, saw a consistent outflow of USD 150 million over the three-day period as investors turned to reduced-fee choices. Even with the ongoing geopolitical uncertainties surrounding the Middle East conflict, the overall assets under management (AUM) in these ETFs are approaching the USD 120 billion milestone, indicating a strong return of institutional confidence as Bitcoin's price performance remains robust.

 Major support- $76000/ $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $80000. Any break above targets $85890/$90000.

It is good to buy on dips around $73000 with SL around $70000 for a TP of $84490.