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Onwards and upwards again for BTC as it lifts above 83k
Bitcoin has just now set a new record high above 83k. The move higher has really extended since the US stock market opening. BTC has reached a high at 83,477. The outlook remains entirely unchanged and looking at the technical picture on this one right now, it is hard to gauge where it might run out of steam, if it does. That said the 14 day RSI (relative strength index) is now approaching over-stretched levels, currently around 78. It is not critical yet in terms of warning of a corrective move lower, but a few more days at the current pace, then it might. BTC is currently trading at 83,280
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