Watch these Bitcoin price levels as BTC retests key $84K resistance

4 hours ago

Bitcoin (BTC) circled $83,000 astatine the March 14 Wall Street unfastened arsenic traders acceptable retired requirements to flip bullish.

BTC terms RSI teases cardinal “bullish divergence”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% connected the time earlier consolidating.

A diagnostic lack of momentum astatine the commencement of the US trading league persisted, with hazard assets inactive wary of macroeconomic and geopolitical surprises, notably successful the signifier of US commercialized tariffs.

Assessing the existent presumption quo connected the regular BTC/USD chart, fashionable trader and expert Rekt Capital reported expanding likelihood of a bullish divergence playing retired connected the comparative spot scale (RSI) metric.

Here, RSI should marque higher lows arsenic the terms forms little lows to bespeak waning seller dominance.

“Promising early-stage signs of a Bullish Divergence developing,” helium wrote successful 1 of the day’s posts connected X.

“Reclaiming the erstwhile lows of $84k could acceptable terms up to further physique retired this Bull Div.”

Another post flagged a cardinal horizontal absorption enactment presently nether onslaught from bulls.

“Bitcoin continues to Daily Close beneath the bluish resistance. However, each rejection from this absorption appears to beryllium weakening successful presumption of follow-through to the downside,” Rekt Capital commented.

“If this weakening successful the absorption persists... This should unfastened up the accidental for BTC to yet Daily Close supra this $84k resistance, reclaim it arsenic support, and yet inclination proceed to the upside.”

Keith Alan, co-founder of trading assets Material Indicators, meantime focused connected the 21-day and 200-day elemental moving averages (SMAs). At the clip of writing, these stood astatine $83,740 and $86,800, respectively.

“BTC is poised to marque different tally astatine reclaiming the 200-Day MA, but it volition lone number if we get a sustained adjacent supra it, AND it is intimately followed by an R/S Flip astatine the 21-Day MA,” an X post connected the taxable read.

Alan referenced 1 of Material Indicators’ proprietary trading tools, calling for an summation successful “bullish momentum.”

“Notice however Trend Precognition's A1 Slope enactment is showing a processing momentum shift,” helium commented alongside a corresponding chart.

“Reverting from downward momentum is measurement 1. We request to spot an summation successful bullish momentum from here, with bids moving higher to signifier a sustainable rally.”

Gold leaves Bitcoin successful the dust

Elsewhere, the S&P 500 saw immoderate invited alleviation astatine the unfastened aft dropping 10% from its latest all-time highs to officially statesman a method correction.

Meanwhile, golden acceptable caller grounds highs of implicit $3,000 per ounce arsenic investors sought structure from turbulent macro conditions.

As Cointelegraph reported, Bitcoin broke a cardinal semipermanent trendline against golden arsenic its comparative underperformance successful 2025 became each the much visible.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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