BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Bitcoin ( BTC ) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes.

Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day.

As a result of this, the world’s largest cryptocurrency broke out of a key resistance level at the $24,200 point.

This rebound also came as the 14-day relative strength index (RSI), bounced from a floor of its own at 59.00

Currently, the index is tracking at a reading of 59.90, with the next visible point of resistance at the 66.00 zone.

Should bulls attempt to reach this level, there is a strong chance that bitcoin will be trading above $25,000.

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.