Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) There was a move back above the 28000 level on Saturday as the market continued to react to the latest NFP report.
Payrolls came in at 236,000, marginally lower than the 240,000 many were expecting.
After trading at a low of 27814.00 BTC/USD rose to a high of 28159.86 in today's session.
An increase in price comes when the Relative Strength Index (RSI) bounces off its low at 58.00.
The index is tracking at 59.07, which has helped delay the inevitable downward cross with the 10-day (red) moving average and its 25-day (blue) counterpart.
BTC is trading at 28,059.28.
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 ) There was a move back above the 28000 level on Saturday as the market continued to react to the latest NFP report.
Payrolls came in at 236,000, marginally lower than the 240,000 many were expecting.
After trading at a low of 27814.00 BTC/USD rose to a high of 28159.86 in today's session.
An increase in price comes when the Relative Strength Index (RSI) bounces off its low at 58.00.
The index is tracking at 59.07, which has helped delay the inevitable downward cross with the 10-day (red) moving average and its 25-day (blue) counterpart.
BTC is trading at 28,059.28.
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.
