Bitcoin may hit a wall at $84K if bullish conditions don't pick up: CryptoQuant
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CryptoQuant analysts suggest Bitcoin might face resistance around $84,000, but could potentially break through to $96,000. Despite recent volatility due to global tariff uncertainties, some experts like Bill Barhydt predict Bitcoin could reach $130,000-$140,000 by late June, driven by tech stock correlations and global money supply increases.
April 11, 2025 | 4:00 am
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Bitcoin trading near $79,474, with potential resistance at $84,000 and possible upside to $96,000 if bullish momentum continues.
CryptoQuant analysis suggests Bitcoin is at a critical technical juncture. Bullish signals are limited, but global market recovery and tech stock correlation could drive price higher.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100