$BTC Price Analysis: Can $BTC Bulls Overcome $84,000 Resistance?
$BTC 1H chart via Bitstamp on March 30, 2025.
The 4-hour chart presents a clearer view of the recent relief rally from the $81,629 low. While minor volume spikes during sell-offs highlight market uncertainty, the absence of strong buying volume undermines the rebound’s credibility. A significant resistance range between $83,500 and $84,000 remains pivotal. A failure to breach this zone would suggest continued downside pressure, while a breakout, accompanied by a volume surge, could offer a buying opportunity. Traders should monitor for patterns of rejection or bullish confirmation at these levels.