The bitcoin price broke $80,000 as ETF inflows surged and a golden cross nears, signaling renewed bullish momentum.
Bitcoin price crossed the $80,000 threshold late Sunday and into today, posting a brief 2% gain over 24 hours to reach a high of $80,750 — a level analysts describe as a major psychological resistance zone that has flipped to potential support.
The move caps a recovery of 15-20% from February lows, placing the bitcoin price inside what chart watchers call a critical magnet zone: a price band where long-term trendlines converge and carry a history of triggering sharp directional moves. The central question is whether Bitcoin can hold above $80,000 and extend gains toward $86,000, or whether resistance reasserts and pulls the price back into the $70,000s.
April’s recovery carried institutional fingerprints. Bitcoin ETF products logged $1.97 billion in net inflows during the month, reversing a prior two-week outflow trend and confirming that institutional capital is returning with conviction.
U.S. spot Bitcoin ETFs recorded a fifth straight week of net inflows, totaling $153.87 million last week, per SoSoValue data.
