Bitcoin might encounter resistance around $84,000, according to CryptoQuant. If the cryptocurrency is unable to surpass this threshold, it could stay in the low $80,000s, but if it breaks through, the next significant resistance level could be at $96,000. The market report noted that previous support levels have shifted to resistances in less favorable conditions. Bitcoin was trading at $79,474, down 3.5% within the past day, and has also seen a decline of 2.24% over the past 30 days. Market volatility increased following US tariffs announced by President Trump, which briefly impacted prices. A notable surge occurred after Trump announced a pause on tariffs on April 9, resulting in a near 9% rebound for Bitcoin, which retested $83,000. However, CryptoQuant's Bull Score Index indicates that Bitcoin is currently in one of its least bullish phases since November 2022. Only one of the ten bull signals remains active, indicating a cautious outlook as the market awaits potential shifts in bullish indicators.

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