Hello, welcome to this BITCOIN update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) started the week in consolidation as the market remains hopeful of a deal to raise the debt ceiling in the United States.
BTC/USD fell to a one-day low of 26,549.73, less than 24 hours after hitting a high of 26,986.08.
Monday's move is the third day in a row that BTC has traded below the 27,000 mark.
From the charts, it appears that BTC has now found a solid floor at 26,300, with the price hovering slightly above that point.
To make a significant move, it needs to break the upper limit of 44.00 on the Relative Strength Index (RSI) or the support at 39.00.
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