Bitcoin (BTC) Price Analysis: Potential Surge to $96,000 or Short-Term Struggles Above $80,000

According to a recent market analysis reported by Cointelegraph on April 10th, analysts from CryptoQuant have identified critical resistance levels for Bitcoin (BTC). They project that should Bitcoin maintain its upward trajectory, it could face significant resistance near the $84,000 mark. A successful breach of this level could set the stage for a swift ascent towards the $96,000 threshold. Conversely, if Bitcoin fails to surpass this imminent resistance, it may consolidate above the $80,000 level in the near term, indicating a potential pause in momentum. Investors would be prudent to monitor these resistance points as they hold substantial implications for future price movements and trading strategies.