How’s the Market Doing?
Much better than last week. Much, much better than first quarter of 2026.
Bitcoin crossed $78,000 last week, its highest price since early February, when the market was still in free fall. That is a roughly 17% recovery from the $66,650 low it hit at the end of Q1. And it came with a statement.
Two things mostly. The Iran ceasefire took the biggest source of panic off the table, at least temporarily. And institutional money came back, US spot Bitcoin ETFs recorded $238 million in net inflows on April 20th alone, extending a positive streak to five consecutive days.
Price prediction models and analysts indicate Bitcoin could potentially hit $80,000 by the end of April, with a stronger move toward $82,000 possible in May if momentum holds.
So the number to watch this week is $80,000. BTC is already above $77,500, this might likely trigger a move toward $85,000–$90,000 or not. Who knows what the universe has for us.
