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

Bitcoin (BTC) circled $83,000 on the March 14 Wall Avenue open as merchants set out necessities to flip bullish.

BTC worth RSI teases key “bullish divergence”

Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD gaining as much as 5% on the day earlier than consolidating.

A attribute lack of momentum firstly of the US buying and selling session endured, with threat belongings nonetheless cautious of macroeconomic and geopolitical surprises, notably within the type of US commerce tariffs.

Assessing the present establishment on the each day BTC/USD chart, in style dealer and analyst Rekt Capital reported growing odds of a bullish divergence enjoying out on the relative power index (RSI) metric.

Right here, RSI ought to make increased lows as the worth kinds decrease lows to point waning vendor dominance.

“Promising early-stage indicators of a Bullish Divergence growing,” he wrote in one of many day’s posts on X.

“Reclaiming the earlier lows of $84k may set worth as much as additional construct out this Bull Div.”

One other publish flagged a key horizontal resistance line at the moment beneath assault from bulls.

“Bitcoin continues to Every day Shut under the blue resistance. Nevertheless, every rejection from this resistance seems to be weakening by way of follow-through to the draw back,” Rekt Capital commented.

“If this weakening within the resistance persists… This could open up the chance for BTC to lastly Every day Shut above this $84k resistance, reclaim it as assist, and eventually development proceed to the upside.”

Keith Alan, co-founder of buying and selling useful resource Materials Indicators, in the meantime centered on the 21-day and 200-day easy shifting averages (SMAs). On the time of writing, these stood at $83,740 and $86,800, respectively.

“BTC is poised to make one other run at reclaiming the 200-Day MA, however it’s going to solely rely if we get a sustained shut above it, AND it’s intently adopted by an R/S Flip on the 21-Day MA,” an X publish on the subject learn.

Alan referenced one in all Materials Indicators’ proprietary buying and selling instruments, calling for a rise in “bullish momentum.”

“Discover how Pattern Precognition’s A1 Slope line is exhibiting a growing momentum shift,” he commented alongside a corresponding chart. 

“Reverting from downward momentum is step 1. We have to see a rise in bullish momentum from right here, with bids shifting increased to stage a sustainable rally.”

Gold leaves Bitcoin within the mud

Elsewhere, the S&P 500 noticed some welcome reduction on the open after dropping 10% from its newest all-time highs to formally start a technical correction.

Associated: Bitcoin panic promoting prices new traders $100M in 6 weeks — Analysis

In the meantime, gold set new report highs of over $3,000 per ounce as traders sought shelter from turbulent macro situations.

As Cointelegraph reported, Bitcoin broke a key long-term trendline towards gold as its relative underperformance in 2025 grew to become all of the extra seen.

This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a choice.