- Bitcoin continues holding strong support near $82K
- Spot ETFs added billions in new institutional inflows
- Kalshi gives Bitcoin a 50% chance of hitting $100K
Bitcoin traded near $82,000 on Monday as institutional demand continued supporting the market despite cautious price action. The leading cryptocurrency gained roughly 0.65% over the past day while holding inside a tight weekly range between $80,000 and $82,000. Analysts said the latest stability reflects growing structural demand rather than speculative retail momentum.
Crypto trader K A L E O described the current environment as the possible beginning of a historic bull run. Prediction market Kalshi recently placed the odds of Bitcoin reaching $100,000 this year at 50%.
Bitcoin ETF Inflows Continue Reducing Market Supply
The strongest driver behind recent Bitcoin price stability remains the rapid growth of spot exchange-traded fund demand in the United States. ETF issuers attracted roughly $1.9 billion in net inflows during April, marking the strongest month since October 2025.
Data showed cumulative inflows since the launch of spot products in 2024 approaching $58 billion. Those funds now collectively hold more than 1.3 million BTC, significantly reducing the liquid supply available on exchanges.
Analysts noted that ETF buying recently exceeded fresh mining production during several periods in April. That imbalance tightened the circulating supply and strengthened support levels near current prices.
BlackRock’s IBIT and Fidelity’s FBTC continued leading institutional accumulation. Market observers increasingly view IBIT as a major sentiment indicator for large-scale investors entering the Bitcoin market.
Bitcoin Price Outlook Remains Focused on 100K Target
Broader macro conditions also helped stabilize Bitcoin during the past week. Markets reacted positively after U.S. Secretary of State Marco Rubio suggested lower risks of further military escalation involving Iran.
That shift eased pressure on traditional risk assets while supporting cryptocurrencies and equities. Even so, Bitcoin still trades nearly 22% below its October 2025 all-time high above $126,000.
Recent ETF activity remains one of the clearest bullish signals for the market. Spot Bitcoin ETFs recorded nine straight days of net inflows through early May, adding approximately $2.7 billion and removing an estimated 33,000 to 35,000 BTC from active circulation.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
