{"id":125089,"date":"2025-03-14T16:18:06","date_gmt":"2025-03-14T16:18:06","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125089"},"modified":"2025-03-14T16:18:06","modified_gmt":"2025-03-14T16:18:06","slug":"watch-these-bitcoin-price-levels-as-btc-retests-key-84k-resistance","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125089","title":{"rendered":"Watch these Bitcoin price levels as BTC retests key $84K resistance"},"content":{"rendered":"

Source: Cointelegraph.com NewsBitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC\/USD 1-hour chart. Source: Cointelegraph\/TradingView
\nBTC price RSI teases key \u201cbullish divergence\u201d
\nData from Cointelegraph Markets Pro and TradingView showed BTC\/USD gaining up to 5% on the day before consolidating.
\nA characteristic lack of momentum at the start of the US trading session persisted, with risk assets still wary of macroeconomic and geopolitical surprises, notably in the form of US trade tariffs.
\nAssessing the current status quo on the daily BTC\/USD chart, popular trader and analyst Rekt Capital reported increasing odds of a bullish divergence playing out on the relative strength index (RSI) metric.
\nHere, RSI should make higher lows as the price forms lower lows to indicate waning seller dominance.
\n\u201cPromising early-stage signs of a Bullish Divergence developing,\u201d he wrote in one of the day\u2019s posts on X.
\n\u201cReclaiming the previous lows of $84k could set price up to further build out this Bull Div.\u201d
\nBTC\/USD 1-day chart with RSI data. Source: Rekt Capital\/XAnother post flagged a key horizontal resistance line currently under attack from bulls.
\n\u201cBitcoin continues to Daily Close below the blue resistance. However, each rejection from this resistance appears to be weakening in terms of follow-through to the downside,\u201d Rekt Capital commented.
\n\u201cIf this weakening in the resistance persists… This should open up the opportunity for BTC to finally Daily Close above this $84k resistance, reclaim it as support, and finally trend continue to the upside.\u201d
\nBTC\/USD 1-day chart with RSI data. Source: Rekt Capital\/XKeith Alan, co-founder of trading resource Material Indicators, meanwhile focused on the 21-day and 200-day simple moving averages (SMAs). At the time of writing, these stood at $83,740 and $86,800, respectively.
\n\u201cBTC is poised to make another run at reclaiming the 200-Day MA, but it will only count if we get a sustained close above it, AND it is closely followed by an R\/S Flip at the 21-Day MA,\u201d an X post on the topic read.
\nBTC\/USD 1-day chart with 21, 200SMA. Source: Cointelegraph\/TradingViewAlan referenced one of Material Indicators\u2019 proprietary trading tools, calling for an increase in \u201cbullish momentum.\u201d
\n\u201cNotice how Trend Precognition’s A1 Slope line is showing a developing momentum shift,\u201d he commented alongside a corresponding chart.\u00a0
\n\u201cReverting from downward momentum is step 1. We need to see an increase in bullish momentum from here, with bids moving higher to stage a sustainable rally.\u201d
\nBTC\/USD 1-day chart. Source: Keith Alan\/XGold leaves Bitcoin in the dust
\nElsewhere, the S&P 500 saw some welcome relief at the open after dropping 10% from its latest all-time highs to officially begin a technical correction.
\nRelated: Bitcoin panic selling costs new investors $100M in 6 weeks \u2014 Research
\nMeanwhile, gold set new record highs of over $3,000 per ounce as investors sought shelter from turbulent macro conditions.
\nAs Cointelegraph reported, Bitcoin broke a key long-term trendline against gold as its relative underperformance in 2025 became all the more visible.
\nXAU\/USD 1-day chart. Source: Cointelegraph\/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsBitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC\/USD 1-hour chart. Source: Cointelegraph\/TradingView BTC price RSI teases key… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125089"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125089"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125089\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125089"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}