Bitcoin saw a slight uptick as Wall Street opened on March 31, reaching local highs of $83,914, despite a cautious market outlook. Traders remain wary, with Bitcoin's RSI indicating potential bearish trends. Popular analysts like Roman and Rekt Capital suggest a possible dip towards $80,000, with RSI retesting key levels. March and Q1 performance were underwhelming, with BTC down 10.8% year-to-date. Bitfinex's report notes Bitcoin's correlation with US stocks, highlighting a resistance at $89,000. The market shows signs of consolidation, with long-term holders starting to accumulate again.