Bitcoin (BTC) is advancing towards $84,000, with a current price of 83,403 USD. However, traders are cautious as indicators suggest the possibility of price drops.

Many analysts are skeptical about overcoming resistance levels. The Relative Strength Index (RSI) is showing potential bearish signs, indicating traders should remain vigilant.

Participants are also monitoring upcoming US trade tariffs. Historically, March has been a weaker month for Bitcoin, and resistance levels around $89,000 could hinder upward movement.