Bitcoin Price Prediction Hinges on $80,000 Resistance as Presale Tokens Gain Attention

Bitcoin spot ETFs have been experiencing significant growth, with net inflows reaching $2.44 billion in April. This marks the strongest month for this product category all year, nearly doubling the $1.32 billion from March. The total assets under management have hit $102 billion, and BTC has been trading above $78,600.

The bitcoin price prediction now points to a test of $80,000 resistance, with analysts suggesting that closing a daily candle above this level could open up a path towards $90,000. However, a drop below $75,000 would delay the breakout entirely.