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.
Relatively to the past couple of weeks, it was a quiet trading day for both crypto and U.S. stocks, with both assets drifting modestly higher on Monday.https://t.co/B9KBjjZB35
Meanwhile, the EU has paused retaliatory tariffs until July 14, allowing more time for negotiations with the U.S. Polymarket odds now give a 65% chance of a deal being struck.
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.
JUST IN: Crypto wealth manager Xapo Bank introduces Bitcoin-backed loans up to $1 million. pic.twitter.com/6QshU65XH0
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.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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