Bitcoin's price took a hit over the weekend, dropping below its ascending channel to $81,222 on March 31. Despite this dip, whale entities holding 1,000 to 10,000 BTC are showing accumulation patterns reminiscent of the 2020 bull run, suggesting potential recovery ahead.

As the New York session kicked off, BTC aimed to close the CME futures gap, eyeing the $84,000 mark. Economic events, including job openings and tariff rollouts, could influence Bitcoin's trajectory. If BTC flips $84,000 into support, it might rally towards $86,700-$88,700. However, failure to do so could lead to further corrections.