Bitcoin is gaining momentum and is hovering around $78,000–$79,000, its highest level in weeks, driven by a combo of macro factors and heavy institutional buys.
Investor's Business Daily +1

Key details:
One firm (Strategy) scooped up over 34,000 BTC (~$2.5B), stacking more than 800,000 BTC, which reinforces institutional dominance.

Investor's Business Daily
Bitcoin ETFs are seeing strong inflows (nearly $1.8B in April), signaling sustained demand.

Investor's Business Daily
The market is betting big: the chance of BTC breaking past $80K this month has risen to ~67%.

Octagon AI
The momentum is also fueled by an improved global context (less geopolitical tension), favoring risk assets.

Quick read:
BTC is in a phase where institutions + positive macro = bullish pressure, with the $80K level acting as immediate resistance.

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