BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Bitcoin ( BTC ) continued to trade close to a key resistance level on Tuesday, as volatility in the market remained high.

BTC/USD rose to a peak of $28,433.74 earlier in today’s session, which follows up from a low of $27,276.72 on Monday.

As a result of today’s surge, bitcoin moved near its recent price ceiling of $28,500, however, bulls were not able to reach this point.

Looking at the chart, this seems to be because the relative strength index (RSI) continued to hover near a floor of 60.

As of writing, the index is tracking at 61.00, with the next visible ceiling of 65.00 as a possible target for buyers.

Should this level be reached, there is a strong possibility that BTC will be trading above $28,500.

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