Bitcoin's Bullish Momentum Still Weak as It Faces Key Resistance at $84K–$96K

In Brief:

CryptoQuant’s bull market score drops to 10 despite BTC rebound

Analysts warn that BTC may be capped within the $84K–$96K resistance zone

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Bitcoin's recent rebound following Trump's 90-day tariff suspension has not been enough to restore investor confidence, according to new data from CryptoQuant.

The firm’s latest Insights report highlights that while BTC bounced back and dragged altcoins like ETH and XRP with it, its bull market score fell to 10—marking the weakest momentum since November 2022. CryptoQuant says the index must cross 40 before the market can be considered decisively bullish again.

Analysts note that Bitcoin is now trading close to a critical resistance zone between $84,000 and $96,000. “If BTC fails to break through this range with volume and conviction, it may mirror patterns seen in previous bear market relief rallies,” the report stated.

The subdued sentiment comes despite a broad market rebound earlier this week. Although short-term optimism returned, the underlying data suggests caution. Unless investor activity and inflows rise significantly, upward movement may be limited in the near term.

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