Bitcoin Price Reclaims $80K as ETF Demand Offsets Geopolitical Risks

Key Insights:

• Bitcoin price has once again recovered above $80K with the inflows into BTC ETF supporting the demand.
• Minimal liquidations assisted BTC to overcome resistance around $79k.
• Liquidity warnings and risk-taking traders kept Iran on its toes.

Bitcoin price moved back above $80,000 late Sunday as ETF demand, short liquidations, and improved risk appetite pushed BTC through a key psychological level.

The move lifted Bitcoin to about $80,150, with around 3% gain over the past day. Ethereum price climbed 3.6% to $2,382, while XRP gained 2% to $1.41.

The rebound came as traders weighed steady institutional inflows against renewed caution around US-Iran tensions and possible liquidity traps. The break also reset near-term expectations after weeks of uneven trading.

Bitcoin Price Rally Gets Support From Bitcoin ETF Flows

The latest move placed institutional demand back at the center of the market. SoSoValue data showed US spot Bitcoin ETF logged $153.87 million in weekly net inflows, marking a fifth straight week of gains. Friday alone brought roughly $630 million into the products.

That flow matters because the new supply of Bitcoin remains limited after the 2024 halving. Capriole Investments founder Charles Edwards said institutions are buying Bitcoin (BTC) at more than five times the current daily miner output.

Miners produce about 450 BTC per day, so that gap adds weight to the supply squeeze argument.

Bitcoin Price & Daily Institutional Purchases | Source: Charles Edwards, X

Edwards said similar demand-to-supply readings have preceded average one-month gains of 24%. From current levels, that would place the Bitcoin (BTC) price near $96,000. Still, the setup depends on continued Bitcoin ETF demand and stronger confirmation in the spot market.

Bitcoin Tops $80K as Shorts Lose Ground Fast

Bitcoin price soaring past the $80K mark also triggered a sharp reset across leveraged positions. More than $108 million in short positions closed within one hour as BTC held above $80,000.

CoinGlass data showed short liquidations topped $162 million over 24 hours. Analysts said the break helped confirm buyer strength after the earlier pullback.

According to Michaël van de Poppe, $79,000 is the first key level that bulls need to reclaim. The analyst suggests the $86,000 to $88,000 as the next resistance band. A stronger push could open the $92,000 to $94,000 zone for Bitcoin (BTC) price.

Analyst Ted Pillows also highlighted the CME futures gap near $84,000. He said Bitcoin first rejected near $79,000 before reclaiming the level. That recovery raised the chance of a move toward the unfilled gap.

Bitcoin (BTC) Price Analysis | Source: Ted Pillows, X

BTC Price Faces Iran Risk and Liquidity Warnings

The BTC price rally unfolded while traders tracked fresh Middle East headlines. President Donald Trump announced “Project Freedom” on Truth Social, saying it would help stranded commercial vessels pass through the Strait of Hormuz.

He also said US negotiators held positive talks with Iranian officials. Iranian representative Ebrahim Azizi warned that any American action in the waterway would breach the current ceasefire agreement.

Brent crude rose to $108.49 per barrel as energy traders priced in added risk. CryptoQuant has offered a warning on market structure.

The firm said April’s 12% rise came mainly from perpetual futures interest, not spot buying. Its apparent demand indicator stayed negative through the rally, which can show speculative strength rather than structural demand.

Peter Brandt gave a wider-cycle view. He said Bitcoin (BTC) price could reach $250,000 in late 2029, but only after a longer bottoming phase that may run into September or October 2026.

His view differs from that of analysts who argue the bear market already ended in February.

BTC Price Action | Source: Peter Brandt, X

For now, traders are watching jobless claims, Bitcoin ETF flow data, Iran headlines, and the $84,000 CME gap for BTC price. Notably, volatility is still concentrated around leveraged positioning as markets test how durable the new breakout really is.

The post Bitcoin Price Reclaims $80K as ETF Demand Offsets Geopolitical Risks appeared first on The Coin Republic.