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Bitcoin on the edge – Can tariff pause & low inflation spark a rebound?
加密江湖
加密江湖
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区块链先知
04-12 03:08
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Bitcoin’s breakout odds rose as macro conditions aligned with bullish on-chain and institutional signals.
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  • Bitcoin, at press time, was testing its upper channel boundary as inflation cooled down and Trump paused tariff hikes
  • Whale activity and rising large transactions reinforced a potential breakout above key resistance

Bitcoin [BTC] is regaining investor attention again after Trump’s tariff pause and cooling inflation eased macroeconomic pressure, potentially creating the perfect set-up for a bullish breakout. These two developments have sparked renewed optimism across global markets, reducing the need for aggressive monetary tightening and encouraging a shift towards risk assets.

Therefore, Bitcoin—often favored as both a hedge and a growth asset—stands to benefit from the improving backdrop. As institutional appetite gradually returns, the price structure and on-chain behavior are beginning to reflect this renewed momentum.

Is Bitcoin ready to escape the descending channel?

At the time of writing, Bitcoin was trading at $81,614.11, down 0.15% in the last 24 hours. However, this slight dip masks an important development on the chart. BTC seemed to be testing the upper boundary of a descending channel after bouncing off the $76,304 support. 

A daily close above $87,496 could confirm a breakout, potentially pushing the price towards the $98,363 resistance.

Therefore, the technical setup might lean bullish, but only if buyers maintain pressure. If BTC fails to clear the channel, the risk of a pullback towards its lower support levels increases. Momentum has been building, but confirmation remains key.

What is the stablecoin supply ratio signaling?

The Stablecoin Supply Ratio (SSR) rose by 0.97% to 13.40, suggesting slightly reduced buying power from stablecoins relative to Bitcoin’s market cap. However, this hike has been moderate and does not indicate significant sell pressure.

Instead, it underlined that capital may be waiting for a directional signal.

Additionally, a stable SSR during a potential breakout scenario supports a healthier rally. Therefore, this metric only seemed to reinforce the idea that investors may be poised to deploy funds. Especially once the technical breakout is confirmed.

What are Bitcoin whales and institutions signaling?

Large BTC transactions were up 1.28%, suggesting accumulation by whales or institutions. These entities typically act ahead of major price shifts, and the hike in activity often precedes rallies. 

Therefore, this metric seemed to be in line with the bullish pressure forming on Bitcoin’s charts.

Moreover, smart money tends to re-enter during consolidation phases. Such an uptick in high-value transactions further validated the possibility of a near-term breakout.

That’s not all though as Lookonchain reported that a whale recently deposited 1,500 BTC ($120.29M) to Binance. However, the whale still holds 1,486 BTC, signaling retained exposure. This action reflects profit-taking—not a full exit—after previously accumulating BTC at $80,449 and selling some at $87,812.

Therefore, the whale’s behavior is a sign of confidence in Bitcoin’s longer-term strength, despite trimming holdings near its resistance. Strategic exits are normal in strong setups.

Conclusion

Bitcoin might be well-positioned for a rebound. The combination of a tariff pause, cooling inflation, hike in whale activity, and institutional positioning may have created a supportive environment for the crypto. 

While the breakout must still be confirmed on the chart, all indicators seemed to hint at upside potential. Therefore, if BTC clears its resistance, a sharp rally will be increasingly likely.

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