Will Bitcoin dip to $75,000 in April?

Prediction markets put the probability at 50%: Will Bitcoin dip to $75,000 in April. Currently, markets are divided (50% YES, 50% NO).

What’s Happening

Bitcoin is trading near $78,100 as of April 23, 2026, following a volatile week that has brought the asset within striking distance of the $75,000 level. The probability of a bitcoin dip to $75,000 in April currently stands at 50% on prediction markets, reflecting deep uncertainty after a series of conflicting signals. On-chain data shows that U.S. spot bitcoin ETFs booked roughly $1.9 billion of net inflows during the week ending April 19, the best five-day stretch since early February, according to SoSoValue data. However, this institutional buying has not been enough to push prices decisively higher, as selling pressure from miners and short-term holders persists. Bitdeer, a Nasdaq-listed mining company, sold 185.7 BTC during the week ending April 24, maintaining zero holdings, while Strategy (formerly MicroStrategy) acquired 34,164 BTC for ~$2.54 billion at ~$74,395 per bitcoin on April 20, according to a post by Michael Saylor. [Forbes, Apr 23] [Forbes, Apr 21] [Bitget, Apr 25]

The market is caught between two opposing forces: aggressive institutional accumulation and macroeconomic headwinds. BlackRock’s IBIT ETF led all funds with $612 million in inflows during the week of April 13, according to crypto news aggregator Bitcoin Archive, signaling that large players view the current price range as a buying opportunity. At the same time, Charles Schwab is phasing in direct spot trading of bitcoin and ether inside a brokerage platform holding $11.9 trillion in client assets, a move that could unlock massive retail demand. However, Bitcoin’s price has failed to reclaim the $80,000 level, closing near $78,100 on April 23, as noted by CNBC. The “no-trade zone” concept, popularized by BitMEX co-founder Arthur Hayes, suggests that without the Federal Reserve restarting quantitative easing, bitcoin may continue to chop sideways. Hayes has warned that the asset needs Fed intervention to reach $500,000, but for now, the immediate risk is a bitcoin dip to $75,000 in April, a level that would test the resolve of recent buyers. [CNBC, Apr 22] [Forbes, Apr 23]

Looking ahead, the key levels to watch are $75,000 as support and $80,000 as resistance. A break below $75,000 would likely trigger stop-losses and accelerate selling, while a move above $80,000 could open the door to retesting the $85,000 area. The D.C.

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