31 de mar. de 2023
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. 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.