Bitcoin (BTC) has risen 4.5% over the past week as increased demand from institutional investors helped stabilize the price.
At the same time, derivatives data shows a subsidence in forced selling activity. Notably, Bitcoin daily liquidations have decreased by 40% at the time of writing, reflecting lower volatility due to leverage.
Additionally, the asset remains above key support levels, including the 30-day simple moving average, confirming a modest upside bias.
In the short term, market participants are keeping an eye on developments from the U.S. Securities and Exchange Commission (SEC). The SEC will hold a roundtable on the proposed CLARITY Act on April 16th.
AI predicts Bitcoin price on April 30th
Looking further ahead, machine learning algorithms also appear to have a generally bullish outlook towards the end of the month.
Specifically, Finbold’s AI prediction agent, which blended inputs from ChatGPT, Grok, Gemini, and DeepSeek, predicted an average BTC price of $77,484 on April 30, implying a 4.22% upside from the current price of $73,733.
All four artificial intelligence (AI) models see Bitcoin rising over the coming weeks.
DeepSeek was the least optimistic, predicting that BTC would rise 2.8% and trade at $75,801 by April 30th. Meanwhile, Grok predicted the price to be $79,235, implying a 7.46% upside.
Gemini and ChatGPT are in between, with the former forecasting a price target of $77,251 and the latter $77,650, suggesting upside potential in the range of 4.77% to 5.31%.
Bitcoin price outlook
As mentioned above, solid inflows into the US Spot Bitcoin ETF continue to provide a solid demand floor for Bitcoin. At the same time, miners have offloaded approximately 61,000 BTC during the current cycle, introducing a stable overhead supply.
As a result, if ETFs continue to receive inflows, they can absorb selling pressure, but if institutional demand slows, prices could fall in the short term.
A key upcoming event is the U.S. Securities and Exchange Commission Roundtable on the CLARITY Act scheduled for April 16, 2026. The discussion is expected to address long-standing regulatory hurdles. Naturally, a favorable outcome could reduce uncertainty and increase prices.
From a technical perspective, momentum indicators remain constructive, with the Bitcoin rainbow chart pointing to a steady rise until early May. If the upward momentum continues, a rise to the $77,000 to $100,000 range would suggest accumulation and indicate an improving market structure without entering overheating territory.
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