hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin remained near a two-week high on Friday, as traders continued to digest the latest US retail sales figures.
Following a low of 26,285.50 on Thursday, BTC/USD rallied to an intraday high of 26,774.62 earlier in today’s session.
This peak saw bitcoin trade at its strongest point since August 31, when the price peaked over the 27,500 mark.
it appears that today’s bullish sentiment comes as the relative strength index (RSI) moved towards a ceiling of 52.00.
price strength is tracking at 51.96, which has led some previous bulls to abandon their positions.
BTC has now retreated to a current level of 26,617.31, however, traders will likely make another run towards 27,000 in the coming days.
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 remained near a two-week high on Friday, as traders continued to digest the latest US retail sales figures.
Following a low of 26,285.50 on Thursday, BTC/USD rallied to an intraday high of 26,774.62 earlier in today’s session.
This peak saw bitcoin trade at its strongest point since August 31, when the price peaked over the 27,500 mark.
it appears that today’s bullish sentiment comes as the relative strength index (RSI) moved towards a ceiling of 52.00.
price strength is tracking at 51.96, which has led some previous bulls to abandon their positions.
BTC has now retreated to a current level of 26,617.31, however, traders will likely make another run towards 27,000 in the coming days.
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
