Bitcoin moved back above $69,000 while Binance whale inflows stayed near $3.4 billion, marking the second time in 14 days that Exchange Whale Inflow (30D Sum) has dropped to that level after March 23 and again on April 6.

The reading suggests large holders are still sending relatively less BTC to Binance, limiting immediate exchange sell pressure.

At the same time, oil remains a key part of the macro backdrop.

WTI crude is trading near $112, close to the same major resistance zone seen in 2022 when oil moved above $120 per barrel.

Reports also said the U.S. and Iran are discussing a 45-day ceasefire that could pave the way for a broader end to the war, although Reuters said it could not independently verify the report.

That leaves Bitcoin in a constructive short-term setup: whale inflows remain depressed, price is recovering, and macro stress may be easing at the margin even though oil is still elevated.

Written by Amr Taha