Next, where is the Bitcoin price headline? $70,000 or $90,000?

Keynote

Donald Trump’s 90-day tariff suspension supported Bitcoin rallies and temporarily eased market volatility. Cooling US inflation, which saw its CPI fall to 0.1% in March, has raised expectations for the Fed’s cuts. Bitcoin’s accumulation address shows an increase in trust from key stakeholders, seeing its largest inflow of $3.6 billion since February 2022.

Bitcoin

BTC
$84 757



24-hour volatility:
1.0%


Market Cap:
$1.68 t



Vol. 24H:
$24.85 b

Amidst uncertainty at the US Treasury, prices are once again flirting at the $82,000 level, a fall in the US dollar, and an escalating US-China tariff war. BTC has bounced back twice from $75,000 support in the past week, but is facing a major refusal at the $84,000 level in its benefits.

In a market report on April 10, Cryptoquant analysts said Bitcoin (BTC), which is currently priced at $81,515, could encounter resistance at the $84,000 level if the rally continues. However, the breakout will raise BTC towards the next $96,000 resistance. The report states:

“These price levels serve as price support during this bull cycle, but they could now act as price resistance if bulls don’t continue to improve.

U.S. CPI and Trump’s tariff suspension could catalyze a surge in Bitcoin prices

Donald Trump announced he would delay the implementation of the 90-day tariffs, bringing some relief to the market while bringing Bitcoin price closer to $84,000 resistance. Bitfinex analysts said in a report Thursday that while the tariff suspension temporarily calmed the market following a volatile first quarter, it is unlikely to offer a lasting solution.

They added that these terms may provide short-term support for cryptocurrencies, but more substantial catalysts will be needed to promote a significant capital inflow into Bitcoin. Bitfinex analysts said:

“Bitcoin could also benefit from a small reduction in macro pressure, but the market could wait for more specific signals, such as changing the Fed’s tone and improving liquidity conditions before turning aggressively into Crypto.”

Additionally, in March, the US Consumer Price Index (CPI) cooled at 2.4%, increasing the signs of cooling inflation and the possibility of a Fed cut next month. Latest data from the U.S. Labor Bureau shows that CPI inflation eased to 0.1% in March, down from 0.2% the previous month.

USD slips, but BTC gains traction with strong accumulation

As Bitcoin’s price bounces back, the US Dollar Index (DXY) fell to 99.705, the lowest level since April, reflecting the weakening of greenbacks against baskets of foreign currency. At the same time, gold continued to rise in record time, surged to a new all-time high of $3,220.

$3.6 billion inflow of Bitcoin into accumulated addresses!

“Bitcoin’s accumulation address received 48,575 BTC. The largest daily inflow since February 1, 2022. It’s worth noting that the accumulation address moves this aggressively.” – @burak_kesmeci pic.twitter.com/mvifucxkwz

– cryptoquant.com (@cryptoquant_com) April 10, 2025

Additionally, the encrypted report shows that Bitcoin accumulation recorded a massive inflow of 48,575 BTC, equivalent to $3.6 billion, marking the largest daily inflow since February 1, 2022. Analysts emphasize that such important activities at accumulation addresses are worthy of monitoring critical signals.

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