BTC News: Bitcoin Price Eyes $85,000 Breakout as Binance Adds $1.8 Billion in BTC Reserves
1
0

With more than $1.8 billion in BTC added in under two weeks, Bitcoin reserves on Binance have increased ahead of the U.S. March CPI report. Analysts are paying close attention since, before selling, traders frequently move crypto to exchanges. This time, however, the action probably does not mean panic. If Trump’s tariff stance relaxes a bit and CPI is projected to confirm slowing inflation, the direction of the Bitcoin price’s next big move could depend on how markets interpret such info points.
Inflows, Macro Pressure, and Diverging Views
Data from CryptoQuant shows a sharp acceleration in BTC flowing into the Binance exchange, with reserves rising by over 22,000 BTC in the last 12 days. This uptick comes as markets digest Trump’s temporary tariff rollback and brace for new U.S. inflation data. For some analysts, the inflows are a red flag, indicating potential sell pressure ahead of the CPI print. When traders expect volatility, they often pre-position assets on exchanges.
But others argue this activity could reflect rising demand. Binance may be loading hot wallets in anticipation of trading spikes, not just outflows. Trump’s 90-day tariff pause has given markets some relief, but the exception for China and its much higher 125% rate keeps geopolitical tension alive.
Meanwhile, expectations for CPI are mixed. Some believe inflation is cooling sharply, which would give the Bitcoin price more room to run. Others warn a surprise print could bring more turbulence. Regardless, the inflow trend confirms one thing: traders are preparing for movement. Let’s take a look at Bitcoin Price Prediction to see how this development impacts the price of Bitcoin.
Bitcoin Price Prediction for April 10, 2025
The 15-minute BTC/USDT chart reflects heightened volatility and short-term consolidation after a sharp rally. Bitcoin price surged past resistance near $78,000, breaking out with strong momentum and testing the $83,000 zone. However, after reaching this high, price action has started to consolidate and retrace slightly, now hovering near the $82,000–$81,000 support. This pullback follows an overbought RSI reading, which peaked before trending back toward neutral at 46.96, signaling a cooling of bullish pressure.
Chart 1: Analysed by vallijat007, published on TradingView, April 10, 2025
The MACD just created a death cross, which suggests that the short-term bearish energy is exploding. If the $81,000 support area holds, BTC could try another breakout toward $83,000. But a sustained fall under this line could cause the price to return toward the $78,000 support. Taken together, the latest rally exhibits strength, but bearish signals and profit-taking could cause further consolidation. Whether Bitcoin finds support here or goes lower, traders must keep watch. Short-term market direction will be determined by volume and the more general cryptocurrency feeling.
Market Poised for CPI-Driven Volatility
Bitcoin reserves’ sharp inflows to the Binance exchange signal that traders are bracing for a reaction to upcoming inflation data and continued macro pressure. Whether these transfers lead to selling or fresh accumulation remains to be seen, but the setup points to elevated volatility ahead. With Trump’s tariff rollback offering mixed relief and CPI figures set to shape sentiment, the next move could be pivotal. For now, traders are on alert, watching the charts and the calendar for a decisive trigger.
The post BTC News: Bitcoin Price Eyes $85,000 Breakout as Binance Adds $1.8 Billion in BTC Reserves appeared first on Coinfomania.
1
0
Securely connect the portfolio you’re using to start.