BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) rebounded from recent losses on Tuesday, ahead of the upcoming U.S. consumer confidence report.
The Conference Board expects its index to rise to a reading of 104.0 in June, up from 102.3 the month prior.
BTC/USD rose to an intraday high of 30,751.19 on Tuesday, following a low at 29,955.74 to start the week.
The move appears to have occurred as the 14-day relative strength index (RSI) bounced from a support point of 68.00.
As of writing, the index now sits at a reading of 70.17, which is once again in overbought territory.
A barrier at 73.00 is now the next visible ceiling, and unless bulls break out of this point, BTC will likely move back below 30,000.
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