Bitcoin is rising today on the back of improved sentiment in equity markets, supported by the strongest ETF inflows since July 2025 and increased whale activity. The price is attempting a sustained breakout above $78,000 and a test of the 200-day EMA (red line).
- A move above $78,000 gives investors hope that the bullish trend may extend further, with Bitcoin potentially gaining momentum to test the $84,000 area, where the EMA200 is located—a level that has shifted from support to resistance and has remained unbroken since October 2025.
- On the other hand, a drop below the 50-day EMA (orange line), around $75,000, could signal a return to a downward trend and profit-taking, with the risk of a stronger bearish move toward $60,000.
- Looking at the SAR indicator, there are still notable similarities to the pattern observed in January 2026. A breakout above $80,000 could confirm stronger rebound momentum—provided it is supported by a clear pickup in spot demand, improving sentiment in the options market, and continued large transactions from whales.
At present, however, options positioning remains relatively cautious, and the spot market is still far from euphoric, with the main exception being the increased activity in ETF flows.
Source: xStation5
US OPEN: Wall Street Shrugs Off Iran Concerns, Eyes Tesla Results
Chart of the Day 📈 S&P 500 extends gains, supported by CTA fund buying
Economic calendar: Central bankers speeches and Tesla earnings in focus
Morning wrap 🗽Indices on Wall Street continue to rise as US–Iran ceasefire is extended (22.04.2026)
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
