BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.

CHART ANALYSIS:-Bitcoin ( BTC ) moved toward the $25,000 mark on Saturday, as crypto markets rebounded from yesterday’s declines.

Following a low of $23,712.05 on Friday, BTC /USD raced to an intraday high of $24,924.04 earlier in the day.

As a result of this move, bitcoin once again broke out of its long-term resistance level at the $24,200 point.

the 14-day relative strength index ( RSI ) also moved back above its own resistance level at 65.00, after tracking near the 61.00 mark on Friday.

As of writing this, price strength is currently at a reading of 65.29, with a ceiling at 70.00 a possible target for bulls.

The 10-day (red) moving average has also fully shifted course, and looks to be nearing an upward cross with its 25-day (blue) counterpart.

Should this occur, BTC could be above $26,000 before the end of the weekend.

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