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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.

I have tried to bring the best possible outcome to this chart.

CHART ANALYSIS:- Bitcoin (BTC) rallied above a key resistance level on Wednesday, ahead of tomorrow’s U.S. inflation report.

Following a low of $17,226.64 on Tuesday, BTC/USD raced to a peak of $17,493.32 earlier in today’s session.

As a result of the move, the world’s largest cryptocurrency climbed to its strongest point since December 15.

Looking at the chart, today’s price surge came as the 14-day relative strength index (RSI) broke out of a resistance point at the 60.00 mark.

Currently, the index is tracking at 63.80. This comes as BTC continues to hover around its own ceiling at the $17,400 mark.

In order to move closer to the $18,000 zone, the RSI will first need to move beyond a ceiling of 64.00 on the RSI.


This is not a piece of financial advice.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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