Is it a $79K Ceiling or a Springboard? What Makes This April Surge Special?

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defi23Member
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#1Feb 17, 2020, 12:44 AM
Bitcoin's shot up over 13% this April, marking its best month in a year after a rough patch that lasted from October to February. Right now, we’re sitting just under that $79,000 resistance level, and you can feel the tension in the air. US spot Bitcoin ETFs have seen eight days of net inflows totaling around $2.1 billion by April 23, the longest stretch since October 2025, with BlackRock’s IBIT grabbing about 75% of that cash. Plus, the Bitcoin 2026 Conference is happening in Vegas right now (April 27-29), with some big news expected. Here’s my question: traders and analysts are saying the next Federal Reserve meeting is crucial for deciding if this rally keeps going or falls back to around $75K-$77K. So, do you really think the demand from institutional ETFs is enough to push BTC past $79K no matter what the Fed says, or are we just one negative comment away from seeing this whole bounce fall apart?
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