After a short decline, BTC managed to reclaim the $28,000 status. Several market indicators and metrics looked bullish; BTC’s RSI was overbought. For a short period, Bitcoin [BTC] witnessed a decline in price, which pushed BTC’s value under $27,000 on 23 March. However, the king of all coins showed a speedy recovery and again managed
![Bitcoin [BTC] can witness a further price hike if these factors are checked](https://images.cryptocompare.com/news/default/ambcrypto.png "Bitcoin [BTC] can witness a further price hike if these factors are checked")
