BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Volatility was back in cryptocurrency markets on Friday, as bitcoin (BTC) bulls pushed the price above the 26,000 level.
BTC/USD peaked at 26,414.01 earlier in today’s session, however, this was short-lived, as the price now sits at 25,795.12.
Today’s move was the highest BTC has hit since last Thursday, and came following a breakout of a ceiling at 26,400.
previous bulls seem to have immediately liquidated their positions after the price moved beyond this point.
The relative strength index (RSI) also hit a resistance level of its own at 45.00, before retreating to a current reading of 39.18.
this drop shows that market sentiment remains bearish, despite the slight spark seen earlier in the day.
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