The Bitcoin price remained around $75,000 on Friday as spot ETF flows stayed positive for a third straight day, though the pace slowed a bit.
Bitcoin is trading around $75,000 on Friday, holding inside a tight $73,500-$75,500 range as the early-week rebound starts to lose some speed. The move keeps BTC▼$64,050.00 pinned just below a zone that previously capped January’s rally, per data from CoinGecko.
Spot Bitcoin ETFs are still drawing money, but the pace has clearly cooled. Data from SoSoValue shows about $26 million in net inflows on April 16, extending the streak to three straight days.
However, that follows significantly larger inflows of roughly $186 million and $411 million earlier in the week.
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Bitcoin Price Braces for Selling Pressure
As blockchain analytics firm CryptoQuant notes, Bitcoin tested resistance near $76,000 while exchange inflows surged, with roughly 11,000 BTC per hour moving onto crypto exchanges.
That is the “highest since Dec 2025 and above the March spike that preceded a pullback,” the firm wrote in an X post. CryptoQuant added:
“Large holders are positioning to distribute into strength. Watch for selling pressure.”
Beneath the surface, conditions remain tense as data from CoinGlass shows about $220 million in liquidations over the past 24 hours, affecting more than 113,000 traders. That’s happening even as Bitcoin’s price barely moves, a pattern that typically signals leverage quietly rebuilding in the system.
Positioning is also starting to look crowded. Accoridng to CoinGlass, roughly $1.6 billion in long positions sit at risk below ~$70,700, while about $1.25 billion in shorts are stacked above ~$78,000. That leaves Bitcoin in the middle of a zone where even a modest move could trigger a cascade.
Read more: Bitcoin Price Repeats 2018 Signal as Bear Phase Enters Month Three
