Bitcoin (BTC) price is down 0.3% on April 30, 2025, to $94,702 after hitting an intra-day high of $95,443

Bitcoin price dropped slightly on Sunday, but the crypto remained in the green for the week as it faced a crucial resistance level.

BTC/USD fell 0.3% over the past 24 hours to $94,470 by 08:03 ET (12:03 GMT). The coin had hit an intra-day high of $95,443 earlier in the day.

Bitcoin volume dropped substantially by 21% to $23 billion, while the sentiment remained optimistic.

The Bitcoin ETF scene was popping off again as on Saturday, BlackRock’s iShares Bitcoin Trust (NYSE:IBIT) saw massive outsized inflows of $216.7 million.

According to the data from Crypto Crib, total Bitcoin ETF inflows hit $172.8 million yesterday, marking the eighth straight day of green.

On April 29, Bitcoin Spot ETFs recorded $172.8 million net inflows

Ethereum Spot ETFs recorded $18.4 million net inflows. ? pic.twitter.com/lvWoy4H6aE

— CryptoCrib (@CryptoCrib_) April 30, 2025

Ethereum (ETH/USD) ETFs weren’t left out either, raking in $18.1 million and marking four straight days of inflows.

Over the past two weeks, Bitcoin ETFs have seen a cumulative inflow of $39,166 million, with BlackRock and Fidelity (FBTC) being the main focus at $42,387 million and $11,772 million, respectively.

These inflows signal that institutional whales are stacking sats like there’s no tomorrow.

With this kind of momentum, Bitcoin’s safe-haven status is getting a major glow-up, especially amid geopolitical tensions and Trump’s 100-day policy buzz.

Chart Analysis: BTC/USD on TradingView – We’re Cooking!

Bitcoin is currently consolidating around the $94,000-$95,000 level, showing resilience after a 10% spike earlier in the week.

The chart shows a tight range between $92,953 and $95,490, with the 50-day simple moving average (SMA) providing solid support around $92,000.

The relative strength index (RSI) is hovering near 66, not overbought yet, which means there’s still some room to run while the moving average convergence/ divergence (MACD) indicator is showing some hidden bullish divergence with the signal line trending upward.

There is some resistance around the current price zone, but another major resistance sits at $106,000, and a break above could send BTC straight to $109,396, especially with the liquidation heatmap from CoinGlass showing relatively little to no cumulative short liquidations above $97,218.

If those shorts between $94,180 and $96,238 get rekt, it’s gonna be a moon mission.

On the flip side, the largest immediate support is at $92,710. If Bitcoin price dips below, bears might try to drag it down to $85,066.

But with the current ETF inflows and on-chain data, the bulls are holding the reins for now.

What’s Next for Bitcoin Price?

Bitcoin has the wind at its back. With ETF inflows going parabolic, institutions are all-in, and Trump’s pro-crypto stance (like his strategic reserve talks) could be the cherry on top.

A definitive announcement on a Bitcoin reserve might trigger a parabolic move to beyond $100,000. However, macro risks like tariffs or budget cuts could cap the upside in the short term.

For now, the chart and on-chain data are bullish. If BTC breaks $97,000, it’s game over and straight to $100,000 season.

Investors should keep an eye on those ETF flows as they’re positioning large institutions to play a pivotal role in the next chapter of the crypto story.