Bitcoin (BTC) hit 3-day lows by the April 20 weekly close as analysts predicted a fresh liquidity grab ahead. Analysis indicated Bitcoin might surpass $83,000, as data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping 1.5% to $83,974 before bouncing back. Amid doubts about nearby support strength, popular analyst Mark Cullen expressed skepticism about the $83,000 level. He suggested that the $83,000 level might not be safe and that previous lows would likely be tested first. Cullen and others anticipated a short-term BTC price range between $83,000 and $86,000 over the Easter weekend. Another trader, Daan Crypto Trades, expected a slow market during the long weekend but anticipated potential significant moves in the upcoming week. The market outlook included the possibility of a return to multimonth lows while observing a bullish inverse head and shoulders reversal pattern. On a positive note, trader and analyst Rekt Capital confirmed that Bitcoin had broken out of a multimonth downtrend without violating it during retests as support. The sustained break above the Downtrend gave confidence to traders for a potential price breakout. As the fate of the downtrend remained uncertain, traders were advised to conduct their own research before making investment decisions.