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Fidelity: ETP Flows Show Bitcoin-to-Gold Rotation Easing After $61.5B Peak
Fidelity macro director Jurrien Timmer said ETP flow data through March 30, 2026 shows a prior rotation from Bitcoin into gold and signs it may be reversing. Bitcoin cumulative ETP flows fell from an approximately $61.5B mid-2025 peak to $54.5B, while gold and silver ETP flows rose to $27.4B. Since the U.S.-Iran conflict began, Bitcoin gained 2.2% (about $65,800 to $67,300) as gold fell 11% and the S&P 500 dropped 4.4%.
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Ali Martinez Points to CVDD “Ultimate Support” at $47,960 for Bitcoin
Ali Martinez said in an April 4 post on X that Bitcoin’s CVDD on-chain metric places a potential macro support zone at $47,960. Bitcoin was reported trading at $67,279 at the time of writing, up 0.69% over the past day and 0.72% over the past week, while the broader bear-market drawdown was cited at 46.7%. The view suggests there could still be downside room before a structural bottom is confirmed.
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Logarithmic Regression Bands Put $300,000–$400,000 BTC in View, Model Says
A long-term logarithmic regression framework suggests Bitcoin could eventually approach the model’s upper band near $300,000 to $400,000, but it frames those levels as extreme overextension rather than a forecast. The article says BTC is still trading in the mid-$60,000 range within a broader downtrend, with momentum weak and a macro reversal not yet confirmed. It adds that reclaiming $70,000–$80,000 resistance, improved macro liquidity, and renewed large-scale institutional inflows would be needed before such long-horizon scenarios become plausible.
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Michael Saylor reiterates "Bitcoin has won" as macro risks test BTC resilience
Michael Saylor reiterated his bullish view that "Bitcoin has won" as the market heads into a potentially volatile session around Monday 10:05 a.m. ET. Bitcoin is down nearly 32% from its yearly $97k high, while on-chain signals such as transaction fees falling to 2.5 BTC per day and indicators of distribution suggest BTC is still trading like a risk asset rather than fully functioning as "digital credit."
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Bitcoin’s $60,000 Level in Focus as ~46% of Supply Sits at a Loss
By early April, on-chain data show about 46% of Bitcoin’s supply was held at a loss, putting attention on $60,000 as a key behavioral threshold. The article argues that a return toward $60,000 could deepen the share of underwater holders and test whether investors keep holding or begin selling. As of 3:27 pm UTC on Apr. 3, 2026, Bitcoin traded at $66,811.21 with a $1.34 trillion market cap and $30.11 billion in 24-hour volume.
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Santiment: Bearish Bitcoin social posts hit a five-week high as ratio drops to 0.81
Santiment said bearish discussion about Bitcoin on social media has risen to its highest level since late February, a setup it argues can precede a price rebound. On Saturday, the bullish-to-bearish comment ratio was 0.81, and Bitcoin traded around $67,100 at publication time after falling 5.53% over the past 30 days. The Crypto Fear & Greed Index remained in "Extreme Fear", with a score of 12 on Sunday.
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