Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) started the week climbing above 28,000 as crypto markets reacted to an apparent agreement to raise the US debt limit.
After hitting a low of 27,125.53 on Sunday, BTC/USD rose to a high of 28,432.04 in today's session.
bitcoin moved to its highest point since May 8, when the price reached a high of 28,676.
it appears that the latest move happened once the Relative Strength Index (RSI) broke above the ceiling at 53.00.
Price strength has climbed since then, and the index is currently tracking at 54.92 with the next point of resistance at 57.00.
Should this momentum continue, there is a good chance that BTC will move above the 29,000 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- Bitcoin (BTC) started the week climbing above 28,000 as crypto markets reacted to an apparent agreement to raise the US debt limit.
After hitting a low of 27,125.53 on Sunday, BTC/USD rose to a high of 28,432.04 in today's session.
bitcoin moved to its highest point since May 8, when the price reached a high of 28,676.
it appears that the latest move happened once the Relative Strength Index (RSI) broke above the ceiling at 53.00.
Price strength has climbed since then, and the index is currently tracking at 54.92 with the next point of resistance at 57.00.
Should this momentum continue, there is a good chance that BTC will move above the 29,000 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
