Bitcoin (BTC) is back in the spotlight, rising over 1.35% on Tuesday to trade around $85,700, as a mix of bullish catalysts continues to offset ETF outflows and global market headwinds.
One major development: Brazilian fintech Meliuz is considering making Bitcoin an official part of its corporate treasury strategy.
The company, which already began accumulating BTC earlier this year, will hold a shareholder vote on May 6 to decide whether to formally integrate Bitcoin into its long-term financial plans. The move signals growing corporate confidence in Bitcoin as a store of value.
Mixed ETF Flows Highlight Market Divergence
April saw $812.3M in net outflows from U.S.-listed Bitcoin ETFs, with key players seeing sharp redemptions:
- BlackRock’s IBIT: –$393.2M
- Grayscale’s GBTC: –$256.4M
- Bitwise & Fidelity: additional declines
However, Grayscale’s newly launched Mini Trust defied the trend, recording $36.7M in inflows—proof that selective optimism still exists.
Fed’s Dovish Tilt + Trade Tension Easing Support BTC Rally
Bitcoin’s upward move comes as macro conditions shift. According to Federal Reserve Governor Christopher Waller, renewed U.S. tariffs could trigger a “bad-news rate cut” to offset recession risks. While not ideal economically, such a move would likely boost liquidity—good news for risk assets like BTC.
Crypto analytics firm SwissBlock noted improvements in BTC network fundamentals and liquidity stability, strengthening the case for continued upside.
Institutional Dip Buying Resurfaces
Despite a 13% decline in Q1—Bitcoin’s worst quarterly start since 2018—rich investors appear to be loading up.
- Xapo Bank reported a 14.2% jump in BTC trading volume in Q1 2025, with affluent clients buying aggressively during the downturn.
- Euro deposits at Xapo rose 50%, and USDC usage increased, showing a pivot away from USDT amid European regulatory tightening.
- Bitget exchange clocked in $2.1 trillion in Q1 volume, with spot trading up 159% and nearly 5 million new users onboarded.
This “buy-the-dip” behavior and surging participation point to growing institutional conviction, reinforcing long-term bullish sentiment.
Technical View: BTC Eyes $87,300 as Breakout Gains Traction
Bitcoin is riding a solid breakout above the $84,358 resistance, now trading near $85,693 and hugging an ascending trendline. The 50-period EMA at $83,870 continues to provide dynamic support, while the RSI is approaching 63, indicating healthy bullish momentum without signaling overbought conditions.
Beginner-Friendly Trade Setup
- Entry: Buy above $86,150 on confirmed breakout
- Target: $87,350–$88,500
- Stop Loss: $83,800
Tip: Wait for a strong candle close above $86,150 with rising volume. This momentum-driven strategy rewards patience. Use a tight stop to manage risk in case of a pullback.
Bottom Line
Between rising institutional interest, renewed treasury adoption, and macro tailwinds like potential rate cuts and eased trade tensions, Bitcoin is regaining its footing above $85K.
While ETF outflows remain a headwind, the underlying conviction from both retail and institutional buyers suggests that BTC may be setting the stage for a fresh run toward $88K and beyond.
BTC Bull Presale: Earn Real Bitcoin with Every Price Milestone
BTC Bull ($BTCBULL) is gaining traction as one of the most exciting presales in crypto, combining meme culture with real utility. Designed for long-term holders, the token automatically rewards investors with real Bitcoin as BTC reaches major price thresholds—aligning community incentives with Bitcoin’s growth.
Staking for Passive Bitcoin Income
BTC Bull offers a lucrative staking program boasting a 119% APY, allowing users to earn passive income while supporting the network. With over 882.5 million BTCBULL tokens already staked, community engagement continues to grow.
Latest Presale Updates:
- Current Token Price: $0.00246 per BTCBULL
- Raised So Far: $4.6M of $5.3M target
With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump.
 is back in the spotlight, rising over 1.35% on Tuesday to trade around $85,700, as a mix of bullish catalysts continues to offset ETF outflows and global market headwinds.){kind=link}