Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) consolidated during Thursday’s session, as market volatility remained high ahead of next week’s Federal Reserve interest rate decision
BTC/USD slipped to a low of 26,146.99 earlier in the day, which comes less than 24 hours after trading at 26,897.25.
Today’s move saw the world’s largest cryptocurrency briefly break out of a key support point at 26,300.
BTC bulls have moved to buy the dip in price, with the cryptocurrency now once again above this floor.
This comes as the relative strength index (RSI) pivots from a recent free fall, and is now en route to a ceiling at 47.00.
the index is tracking at 44.87, which comes as the 10-day (red) moving average fell below its 25-day (blue) counterpart.
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 (BTC) consolidated during Thursday’s session, as market volatility remained high ahead of next week’s Federal Reserve interest rate decision
BTC/USD slipped to a low of 26,146.99 earlier in the day, which comes less than 24 hours after trading at 26,897.25.
Today’s move saw the world’s largest cryptocurrency briefly break out of a key support point at 26,300.
BTC bulls have moved to buy the dip in price, with the cryptocurrency now once again above this floor.
This comes as the relative strength index (RSI) pivots from a recent free fall, and is now en route to a ceiling at 47.00.
the index is tracking at 44.87, which comes as the 10-day (red) moving average fell below its 25-day (blue) counterpart.
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
