15 April 2025
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Bitcoin Price Recovers to Above $85,000 Amid Market Stability
Bitcoin has rebounded from a low of $74,000 to over $85,000, following a 10% increase in the past week. This recovery coincides with President Trump's announcement of a 90-day tariff pause for most countries except China, alleviating market concerns.
Market Insights on Bitcoin Whales
- Large holders on Binance exhibit cautious behavior amid market uncertainty.
- The Exchange Whale Ratio (EWR) indicates increasing concentration of inflows from large holders, reflecting their influence over long-term trends.
- A decline in the 30-day moving average suggests reduced short-term trading activity among whales, indicating they are neither selling aggressively nor panicking.
- Whale to Exchange Flow has dropped by over $3 billion, aligning with previous corrections in 2024.
These signals suggest whales prefer to maintain their positions, indicating confidence in long-term prospects despite current market conditions.
Continued Buying Strength
- The market buy ratio on Binance remains strong, recently surpassing previous highs.
- This trend indicates persistent demand, even amid market volatility influenced by macroeconomic factors.
- A sustained increase in the buy ratio historically precedes medium-term rallies.
Confirmation of a new trend will depend on price action and volume metrics.