Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin rose to a two-week high on Tuesday, as bullish sentiment made a gradual return to the marketplace.
Following a low of 26,338.54 to start the week, BTC/USD rose to an intraday high of 27,147.47 on Tuesday.
bitcoin rose to its strongest point since June 7, when it peaked at 27,402.
it appears that today’s rally coincided with the relative strength index (RSI) also breaking out of a ceiling of its own at the 50.00 mark.
Price strength now stands at 51.71 with the next visible resistance level at 57.00.
In the event bulls are able to send the index to this point, there is a good chance that BTC will be above 28,500.
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 rose to a two-week high on Tuesday, as bullish sentiment made a gradual return to the marketplace.
Following a low of 26,338.54 to start the week, BTC/USD rose to an intraday high of 27,147.47 on Tuesday.
bitcoin rose to its strongest point since June 7, when it peaked at 27,402.
it appears that today’s rally coincided with the relative strength index (RSI) also breaking out of a ceiling of its own at the 50.00 mark.
Price strength now stands at 51.71 with the next visible resistance level at 57.00.
In the event bulls are able to send the index to this point, there is a good chance that BTC will be above 28,500.
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
