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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!
Bitcoin
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!
By CryptoSanders9563
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Feb 24, 2023
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Feb 24, 2023
Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes.
Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day.
As a result of this, the world’s largest cryptocurrency broke out of a key resistance level at the $24,200 point.
This rebound also came as the 14-day relative strength index (RSI), bounced from a floor of its own at 59.00
Currently, the index is tracking at a reading of 59.90, with the next visible point of resistance at the 66.00 zone.
Should bulls attempt to reach this level, there is a strong chance that bitcoin will be trading above $25,000.
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.
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