Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin continued to consolidate on Wednesday as markets awaited the latest inflation report from the United States.
After hitting a high of 27,824.39 on Tuesday, BTC/USD fell to a low of 27,375.60 earlier in today's session.
Today's move pushed Bitcoin closer to the key 27,300 support point, although the price bounced back again.
Overall, it appears that the previous decline was followed by a breakout in the Relative Strength Index (RSI).
Price strength moved below a floor at 43.00 with the index tracking at 42.63 at
Bitcoin is now trading at $27,430.96.
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 continued to consolidate on Wednesday as markets awaited the latest inflation report from the United States.
After hitting a high of 27,824.39 on Tuesday, BTC/USD fell to a low of 27,375.60 earlier in today's session.
Today's move pushed Bitcoin closer to the key 27,300 support point, although the price bounced back again.
Overall, it appears that the previous decline was followed by a breakout in the Relative Strength Index (RSI).
Price strength moved below a floor at 43.00 with the index tracking at 42.63 at
Bitcoin is now trading at $27,430.96.
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
