Bitcoin Update for April 7, 2026 After the brutal February capitulation that wicked down to ~$60K (miner stress + heavy ETF outflows), BTC has stabilized and clawed back to the $68K–$71K range. We're now consolidating ~10-15% off those lows, holding above key support while the big early February CME gap ($77K–$84K) remains wide open overhead, acting as major resistance for any stronger rally. Bullish tailwind: U.S. spot Bitcoin ETFs just saw $471M net inflows on April 6, the largest daily intake since late February and 6th biggest of 2026. BlackRock & Fidelity leading the charge. March already flipped to positive monthly inflows after months of outflows. This fits the post crash, base building phase in a maturing cycle. The Power Law deviation stretched hard at the lows, setting up eventual mean reversion upside. However, near term it's still range bound with macro risks lingering. $70K psychological level in focus. Gap fill or retest $60K? Volatility remains king. What are you watching? #Bitcoin #btc