The post Bitcoin (BTC) news: Bulls eye $88,000 as ETFs, Coinbase premium and macro turn supportive appeared on BitcoinEthereumNews.com.

Bitcoin BTC$71,081.25 traded lower Sunday as geopolitical risks resurfaced after U.S. Vice President JD Vance said peace talks involving Iran held in Pakistan had failed. But beyond the macro noise, crypto-specific drivers continued to point toward a potential move toward $88,000 and higher, though outcomes remain dependent on how broader risk conditions evolve. Bullish flows Starting with market flows, sentiment has remained constructive. Strategy, the world’s largest publicly listed bitcoin holder, said it purchased $330 million worth of bitcoin last week, lifting its total holdings to 766,970 BTC. Some estimates suggest Strategy’s STRC-related activity has added roughly 8,000 bitcoin so far this week. If that wasn’t enough, U.S.-listed spot bitcoin ETFs—widely seen as a proxy for institutional demand—recorded net inflows of $787 million this week, according to data from SoSoValue. That marks the strongest weekly inflow since early March. Since then, these funds have attracted nearly $2 billion in cumulative investor capital. “These are not yet massive flows in absolute terms, but the direction and persistence matter: with MicroStrategy buying and ETFs absorbing supply, downside risk is structurally capped as long as these flows and the technical picture hold,” said Markus Thielen, founder of 10x Research, in a note to clients on Sunday. Thielen’s base case is now a rally toward $88,000, driven not only by flows but also by oversold signals from technical indicators such as stochastic oscillators, along with improving risk appetite across related markets, including mining equities and broader equities. Publicly listed miners such as TeraWulf (WULF), Bitdeer Technologies (BITDEER), and IREN Limited have climbed between 10% and 30% this month. Broader U.S. equities have also rebounded, with the S&P 500 rising 4%, while AI-heavyweights such as Nvidia gained around 6%. “The recent performance of bitcoin miners, particularly those pivoting toward AI hosting, signals that the market…

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Filed under: News - @ April 12, 2026 1:24 pm