#BTCRebound

Bitcoin experienced a notable rebound on April 12, 2025, climbing to around $83,000 after a recent dip to the $70,000s. This recovery was partly attributed to a 90-day tariff pause announced by U.S. President Donald Trump for most nations, excluding China. The news eased immediate trade tensions, positively influencing broader markets, including cryptocurrencies.

Despite the price recovery, some analysts remain cautious. Cryptoquant's Bull Score Index, which tracks market health, remains low, indicating that sustained bullish conditions are not yet confirmed. Resistance levels are noted around $84,000 and $96,000, which could cap further gains if momentum falters.

Several factors influence Bitcoin's price, including supply and demand, market sentiment driven by news, technological developments within the Bitcoin network, and macroeconomic events. The recent tariff news highlights how external economic policies can impact the cryptocurrency market.