BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) has largely been in consolidation in today’s session, as markets prepare for a big week of U.S. economic activity data.
Following a low of $23,165.23 on Sunday, BTC/USD rose to an intraday high of $23,654.37 earlier in today’s session.
The move comes as bitcoin bulls continued to climb higher, following a breakout of the $23,000 level on Saturday.
Since reaching the day’s peak, prices have somewhat slipped, with the world’s largest cryptocurrency currently trading at $23,408.54.
This appears to come as the 14-day relative strength index (RSI) failed to break out of a resistance level of 53.00
As of writing, the index is currently tracking at a reading of 51.95, with the next visible point of support at 50.00.
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Btclonhg
#BTC/USDT 6Hr UPDATE BY CRYPTO SANDERS Hello, welcome to this BTC /USDT 6Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- BTC bounced back with a decent stable volume after clearing stops below the order block. Now it is facing mid-range resistance.
A reclaim over the mid-range with a retest above it would confirm a decent bullish rally in the market.
If it rejects from here, a downward move is expected toward the horizontal support of $16K, and from where we could expect an upward direction in the market.
Bitcoin is again testing the resistance area. Let’s wait to see if BTC is able to break the resistance area. There is no clear direction and we may see more sideways movement. The market needs big positive news to break the resistance levels.
This is not a piece of financial advice.
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#BTC/USDT 4HOUR UPDATE !!Hello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Bitcoin bounced from the hourly support. BTC needs to break the $18,000-$18,500 area to get some momentum. We may see some sideways move from $16,000-$18,000 for the next few days.
This is not a piece of financial advice.
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