Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- bitcoin remained near the 35,000 level, ahead of a key week of economic data from the United States. BTC/USD peaked at the 34,743.26 mark to start the week, after falling to a low at 34,173.38 on Sunday. Bitcoin is moving closer to an 18-month high at 35,157, which was last struck on October 25. Since hitting a low of 33,400 on Friday, BTC has made consecutive gains, which comes after the relative strength index (RSI) found a stable floor at 79.00. the index is tracking at 82.52, which is still significantly above the overbought mark. Should the price continue to increase, there is a good chance that price strength will edge closer to a ceiling at 87.00.
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