BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Bitcoin ( BTC ) started the week consolidating around the $28,000 level, as volatility in crypto markets remained high.

Following a low of $27,607.67 earlier in today’s session, BTC/USD rose to a peak at $28,475.62 as the day progressed.

The move saw bitcoin move closer to a recent resistance level of $28,500, which was broken over the weekend.

The recent price consolidation comes as the 14-day relative strength index (RSI) failed to move beyond a ceiling of 65.00.

As of writing, the index is tracking at 62.00, which is also a key point of support for traders.

Overall, the world’s largest cryptocurrency is now trading 1.46% higher than at the same time last week.

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