Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin surged to a multi-week high on Monday, as traders began to anticipate the upcoming Federal Reserve meeting.
BTC/USD rallied to an intraday high of 27,222.98 earlier today, following a low of 26,415.52 the day prior.
bitcoin climbed to its strongest point since August 31, when price peaked at 27,576.
Despite the rise in momentum, bulls may not be satisfied and are likely targeting a ceiling at the 28,000 mark.
Monday’s gain comes as the relative strength index (RSI) jumped past a ceiling of 53.00, and is now residing at 58.25.
A resistance level of 60.00 will likely be the next primary target for bulls in the market.
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
CHART ANALYSIS:- Bitcoin surged to a multi-week high on Monday, as traders began to anticipate the upcoming Federal Reserve meeting.
BTC/USD rallied to an intraday high of 27,222.98 earlier today, following a low of 26,415.52 the day prior.
bitcoin climbed to its strongest point since August 31, when price peaked at 27,576.
Despite the rise in momentum, bulls may not be satisfied and are likely targeting a ceiling at the 28,000 mark.
Monday’s gain comes as the relative strength index (RSI) jumped past a ceiling of 53.00, and is now residing at 58.25.
A resistance level of 60.00 will likely be the next primary target for bulls in the market.
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
