Bitcoin Holds $67K as Wintermute Flags Sentiment Divergence
Published on April 7, 2026.
Bitcoin (BTC) continues to maintain its value at $67,000, despite a growing split between price stability and bearish sentiment among investors. Market maker Wintermute noted that the volatility of the US-Israel-Iran war was behind this stability. Despite this, BTC has avoided any dips below $60,000 and has absorbed a $403 million liquidation event, persistent negative on-chain demand, and repeated war headline shocks without losing its yearly lows set at $60.000. The institutional demand played a significant role in March, with spot Bitcoin exchange-traded funds absorbing around 50,000 BTC and corporate buying adding 44,000 more. However, despite this surge, market analyst Maartunn noted that 75% of such rallies have retraced in 2026.
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