According to Farside Investors data, BlackRock’s IBIT Bitcoin ETF purchased approximately $181.9 million worth of BTC on April 6, 2026. This significant inflow follows two days of outflows earlier in the week and could signal renewed institutional interest. Bitcoin’s price currently faces resistance near the $70,000 level, declining slightly today despite the ETF purchase, with broader market sentiment influenced by geopolitical tensions and monetary policy expectations.
According to data from Farside Investors, BlackRock’s IBIT Bitcoin ETF purchased approximately $181.9 million worth of BTC on April 6, 2026. The world’s largest asset manager had experienced outflows of $86.5 million on April 1 and $3 million on April 2. Its latest purchase could indicate a shift in stance from the firm.
Despite this large purchase, Bitcoin faced a price correction on the same day. The asset is encountering substantial resistance in the $69,000 to $70,000 price range. According to CoinGecko data, BTC fell 0.5% in the last 24 hours, though it maintains weekly and monthly gains.
The dip in Bitcoin’s resistance level could reflect diminished demand near $72,000. The possibility of a re-escalation in the US-Iran war may have spooked investors away from the crypto market. Market analysts suggest BlackRock may be purchasing during a dip.
CoinCodex analysts anticipate Bitcoin could rally in the coming days, predicting a price of $79,418 by April 15, 2025. However, further corrections are also possible given current geopolitical statements. High interest rates may also maintain investor caution toward risky assets like cryptocurrencies.
