Best Crypto to Buy Now? CryptoQuant Predicts Bitcoin Price To Hit Resistance at $84K

While Trump’s 90-day pause on tariffs has reversed the losses Bitcoin experienced on April 9, and the crypto’s price is currently above the $80K level, that does not mean it is out of the woods yet, according to CryptoQuant.

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The data analytics platform has warned that the crypto could hit a wall at $84K unless bullish conditions begin to develop. It has cited its Bull Score Index to show that Bitcoin is in one of its least bullish phases since November 2022.

Only One Bull Signal is Still Active for Bitcoin – CryptoQuant

CryptoQuant’s Bull Score Index relies on tracking 10 bullish signals to determine the chances of Bitcoin turning bullish. However, in the current scenario, only one is active — the 365-day moving average, above which Bitcoin is currently trading.

The data analytics platform further stated that whether or not these bullish signals turn back on will determine if Bitcoin can move past the $84K mark. If BTC does cross that threshold, it will likely attempt to move up to its next resistance at $96K.

The Bull Score Index model on CryptoQuant shows that the current bull score for Bitcoin is only 10, compared to the 100 it achieved in November 2024. CryptoQuant has further added that if BTC is unable to break through the $84K barrier, it may continue to hover in the current $80K zone for the next few months.

Not everyone in the industry agrees, however. Abra Global CEO Bill Barhydt continues to be bullish on Bitcoin.

“We should be at new highs for Bitcoin, significantly, by midsummer at the latest,” he said in the above video shared on X. “It will probably be something in the $130K to $140K range for Bitcoin.”

CryptoQuant’s analysis shows that Bitcoin is not out of the woods yet. And while the recent pause on tariffs is keeping it afloat, it won’t be long before this momentum stops. Although analysts like Jamie Coutts have stated that the market shouldn’t underestimate how quickly Bitcoin could surge, unless there is any significant development in the price charts, altcoins provide the best option.

However, the volatility of the market isn’t subsiding, leaving investors to dive into crypto ICOs to find the best crypto to buy now.

Which is the Best Crypto to Buy Now?

With CryptoQuant’s recent warnings, eyes are on Bitcoin again. And since there is no proper consensus on where Bitcoin is heading, the following crypto presales could be better alternatives to consider.

BTC Bull

While the current analysis does not necessarily paint a pretty picture for Bitcoin, the bulls are still strong. CoinMarketCap shows that most users are still voting “bullish” on Bitcoin. However, investors should also face a humbling reality: even with Bitcoin’s growth, those unable to invest in it directly may only see gains through the impact that growth has on the rest of the market.

Meme coins have historically benefited the most from such momentum, with market surges often magnifying their value explosively. That said, the traditional ecosystem is very undirected, and Bitcoin’s growth is usually channeled into meme coins only by chance.

BTC Bull is a project that doesn’t leave things to chance. It includes token burns and Bitcoin airdrops that aim to directly leverage Bitcoin’s upward price action once it crosses $100K. This strategy of blending Bitcoin’s growth with meme coin mechanics could remove the uncertainty around how much a meme coin might benefit from Bitcoin’s rise.

The project’s branding — a muscular bull wearing a Bitcoin chain — also elicits a positive reaction from the community. A testament to this is the project having raised more than $4 million to date.

SUBBD

If Bitcoin does hit a wall like CryptoQuant warns, people will likely shift toward utility-centric crypto. And when there is a utility focusing on an established $85 billion industry, people should pay attention.

SUBBD is a cryptocurrency project built around that utility. Offering an AI-driven content platform, SUBBD provides multiplier perks to both fans and content creators.

With an established audience of over 250 million across multiple social media platforms, and over 2,000 top content creators being onboarded, SUBBD could become a decentralized — and better — version of OnlyFans.

Unlike standard centralized content creation platforms, SUBBD’s decentralized touch affects how content is shared and how creators are paid. Not only will creators receive a larger share of their payments without dealing with lengthy middleman fees, but they’ll also gain access to AI-driven administrative tools that automate various tasks.

According to the project’s official whitepaper, these tools include custom request fulfillment, payment management, AI influencer creation, and more. Even top-tier security measures have been added to prevent issues such as leaks.

For fans, SUBBD offers an opportunity to engage more deeply with content creators. This unique approach to establishing fan-creator relationships could prove very valuable in the long term.

Solaxy

Bitcoin’s price action has historically had a semi-direct impact on Solana’s price. For instance, Bitcoin’s recent recovery above $80K has allowed the SOL price to climb past its $115 resistance. However, Solana is evolving beyond just being a speculative asset and has carved out its own niche through Solana-based meme coins.

That said, maintaining 15,000 TPS hasn’t been easy. The Solana ecosystem has faced network congestion issues and several hacking attempts in the past. Developers have been working to fix these issues — but they are currently staying away from the key solution: an L2 layer.

Solaxy is the world’s first L2 solution for the Solana blockchain. Developers envision it will feature a rollup architecture and run parallel to Solana. By leveraging this architecture, Solaxy aims to resolve Solana’s congestion problems. With Solana’s full potential unleashed, more meme coins could be created to feed directly into the Solana ecosystem and help it reach new heights.

Another aspect that makes Solaxy stand out is its meme coin personality. The presence of “Pepe Einstein” on the official website and celestial bodies representing different memes tie Solaxy to its memetic identity, giving it the vibe of a social token that could also rely on speculation to achieve parabolic growth after launch.

Alessandro De Crypto, one of the leading YouTubers, has described it as a new Solana hidden gem. While the current market doesn’t guarantee “huge” gains, the token holds potential — especially considering it has already raised over $29.6 million.

Bitcoin May or May Not Hit a Wall, But Altcoins in ICOs Could Grow

CryptoQuant’s recent analysis puts the fate of Bitcoin into question. However, market conditions are volatile — and not just for negative reasons. As such, BTC’s price could gain upward momentum following any positive developments from the socio-political or regulatory front.

A reversal is also possible, especially considering CryptoQuant has highlighted that BTC currently has the fewest bullish signals since November 2022. Therefore, the most reasonable option right now is to wait until Bitcoin establishes a bottom — and in the meantime, focus on the best crypto to buy now, which could be found among ICOs.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kostadin Dimitrov