Bitcoin faces “overbought” stochastic RSI conditions while the 200-day exponential moving average swats price down after it sets fresh April highs.
Bitcoin (BTC) traders see a BTC price reversal beginning as classic resistance stops bulls in their tracks.
Data from Cointelegraph Markets Pro and TradingView shows BTC/USD cooling after hitting new April highs of $88,874.
Having found strength at the start of the week, Bitcoin raised hopes of a gold copycat move as the latter set multiple all-time highs.
