Bitcoin trader issues 'overbought' warning as BTC price eyes $84K

From cointelegraph.com

Bitcoin ticked higher at the March 31 Wall Street open as traders stayed risk-averse on the short-term BTC price outlook. Data from Cointelegraph Markets Pro and TradingView showed local highs of $83,914 on Bitstamp, with BTC/USD up 1.5% on the day. With hours to go until the quarterly candle close, Bitcoin saw some much-needed relief, even as US stocks opened lower. Market momentum remained tied to upcoming US trade tariffs set to go live on April 2, with gold also slipping after touching fresh all-time highs of $3,128 per ounce. Commenting on BTC price action, many market participants nonetheless favored caution. ... (full story)