Bitcoin (BTC) may be facing a critical test around the $84,000 resistance level, according to a new market analysis by CryptoQuant. While bulls have regained control after a sharp pullback earlier in April, whether BTC can sustain its upward momentum will determine if the next leg toward $96,000 is possible — or if the cryptocurrency will remain range-bound in the low $80,000s. Bitcoin Bulls Eye $96K — But $84K is a Key HurdleIn an April 10 market report, CryptoQuant analysts noted that Bitcoin's previous support zones during this bull cycle have now flipped into potential resistance, citing $84,000 as the next key level to break. “These price levels have acted as price support during this bull cycle but can now act as price resistance if bullish conditions don’t continue to improve,” the report said
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