Bitcoin's market structure is shifting back to bullish territory, raising expectations for a potential price rally. After a significant 10-week downtrend that saw prices drop from a peak of $110,000 in January to a recent intraday high of $87,333, the cryptocurrency has gained momentum in early April. Spot trading dynamics have shifted, with traders on Coinbase accumulating positions while Binance sellers have reduced their activities. Bitcoin has successfully flipped resistance levels between $84,000 and $85,000 into support, reinforcing its bullish outlook. However, there are concerns about resistance at previous highs between $87,700 and $88,700 that may challenge the price's upward momentum. Analysts suggest consolidation might occur, potentially paving the way for a retest of the $90,000 mark last seen in early March. The market remains sensitive to potential volatility stemming from ongoing economic events, including regulatory developments tied to tariffs announced by President Trump.

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