Bitcoin's Next $10,000 Move Hinges on Rates, ETF Flows and Liquidity

Bitcoin has traded between $74,400 and $65,000 after falling roughly 28% over the past month, with its next $10,000 move expected to depend on macro drivers including interest rate policy, Treasury financing outlook and spot ETF flows, DL News reports citing Keyrock researcher Ben Harvey. Nathan Batchelor, managing partner at Biyond, said the market is stabilizing after hitting key downside levels last month, with tax season and a cyclical shift of funds to traditional finance pressuring liquidity; he added a sustained break from the $74,400 to $65,000 range could determine the next directional move. The CME FedWatch tool shows the Federal Reserve is unlikely to cut rates before June, while Coinbase's David Duong noted moderate inflation and healthy GDP growth, identifying $82,000 as critical resistance Bitcoin must reclaim to advance higher. Harvey cited positive net flows this week as an immediate catalyst and noted large options expiries or sharp rebuilds in futures leverage can quickly shift a range into a trend; separately, DL News reported last year Trump's crypto-friendly stance and key stablecoin legislation helped lift Bitcoin to an all-time high above $126,000 in October, and US Treasury Secretary Scott Bessent told CNBC on Thursday progress on the Clarity Act could support the market.