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- 😁 Bitcoin Is About To Do Something Crazy
😁 Bitcoin Is About To Do Something Crazy
And Michael Saylor will probably contribute to it...
Ivan
April 20, 2026
Happy Monday!
Bitcoin hit $78,000 last week and that resistance could be tested again if another $1 billion in ETF flows hits the tape: here’s what it would take to make that happen.
Strategy wrapped up the biggest Bitcoin buy since November 2024 last week. Can that mark the start of a big rally for MSTR?
Plus, every time gold has built this formation — higher lows, tightening range, steady institutional accumulation — it's broken out within weeks. The Gold Super-Cycle Cheat Sheet maps out where to position before it moves.
TOP STORY
Bitcoin spot ETFs posted $996.4 million in weekly net inflows — the largest haul since mid-January — with BlackRock's IBIT leading at $906 million and Morgan Stanley's MSBT adding $71 million in its first full trading week.
Positive flows have now run three consecutive weeks, pulling in more than $1.8 billion combined. Spot Ethereum ETFs also hit their highest weekly inflows since January 16 at $275.8 million.
The Iran ceasefire expires Wednesday with talks stalling — Iranian officials won't join peace negotiations unless the U.S. lifts its Hormuz blockade, and the U.S. just seized an Iranian-flagged cargo ship in the strait.
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Every time gold has built this formation — higher lows, tightening range, steady institutional accumulation — it's broken out within weeks.
The dollar is sliding. The Fed chair situation is unresolved. And gold is rising alongside equities — a combination that historically signals something bigger is building underneath. The investors who missed the last leg are already watching this one. The Cheat Sheet maps out where to position before it moves.
QUICK N DIRTY
Bitcoin, Ethereum, XRP are consolidating after a poor weekend that capped a strong rally last week: here’s what else is driving markets today.
Michael Saylor’s STRC has changed the game for Bitcoin, analysts say. Here’s why Bitcoin will never be as it was before STRC.
Dogecoin and XRP had a good week: both are up 5% or more and everybody’s wondering whether this is the start of a fresh rally.
FINTECH FOCUS
Strategy dropped $2.54 billion on 34,164 Bitcoin — its third-largest purchase on record and the biggest weekly buy since November 2024.
Total holdings now sit at 815,061 BTC acquired for $61.56 billion at an average cost of $75,527, putting the position roughly breakeven with Bitcoin trading near $75,000.
The funding engine is STRC preferred stock, which recorded a $1.1 billion trading day earlier this week — up nearly 50% from its previous high — with $19.46 billion still available under that program.
The $162,000 math is clean: if Bitcoin closes 2026 at $162,000, MSTR prints $166 EPS at Friday's closing price, implying massive upside at the S&P 500's 28x average P/E.
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