Bitcoin took a hit last week, dropping 4.29%, but bulls rallied to push prices above $83,500 by March 31. Traders remain cautious ahead of new US trade tariffs on April 2, which could spark market volatility. Despite the dip, Bitcoin's lower prices attracted buyers, with $226 million flowing into cryptocurrency ETPs, according to CoinShares.

Meanwhile, a notable strategy involved purchasing 22,048 Bitcoin for $1.92 billion, raising their holdings to 528,185 BTC. As the market watches for a potential breakout above resistance levels, the focus remains on whether Bitcoin can pull select altcoins higher.