BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Bitcoin ( BTC ) fell below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data.

BTC/USD slipped to an intraday low of $27,583.72 in today’s session, which comes a day after the price rose to a high of $28,683.53.

The decline came as traders were unable to sustain a breakout above the $28,500 level, following a nine-month high the day prior.

Overall, it appears that earlier bulls moved to secure gains, as the 14-day relative strength index (RSI) collided with a ceiling at 65.00.

As of writing, the index is tracking at the 60.84 level, which is marginally above a lower floor at 59.00.

BTC is now trading at $27,928.58, however, there will likely be some movement following this afternoon’s data release.

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