Bitcoin Bears Test $75K Support, Threatening April Uptrend

Bitcoin clings to $76.6K as bears aggressively test the $75K lower boundary of its upward range, with a break below signaling trend reversal and a rebound eyeing $80K resistance. The pressure follows a slip from higher levels amid a 1.2% drop in crypto market cap to $2.56 trillion and weaker sentiment. Yet institutional support endures: CoinShares noted $1.2bn inflows last week ($933m to Bitcoin), while MicroStrategy added 3,273 BTC for $255m, tempering near-term downside risks.