The Bitcoin has experienced significant fluctuations, dropping to around $74,000 before recovering to the $82,000 - $84,000 range. This rebound was partially driven by a temporary easing of trade tariffs by the United States, although some analysts suggest that this rise may be artificial due to low trading volume.

Despite the recent increase, the "Bull Score" index from Cryptoquant remains at its lowest level since November 2022, indicating continued weakness in on-chain metrics. Some analysts believe that the $74,500 level is not the bottom and that another drop may be needed to test support levels. Key resistance levels to watch are $84,000 and $96,000.

There is also a new cryptocurrency inspired by Bitcoin called BTC Bull Token (BTCBULL) which is seeing significant interest in its presale phase, nearing $5 million. This token rewards Bitcoin holders when certain price thresholds are met.