Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) fell below 28,000 on Tuesday as markets prepared for the upcoming Federal Open Market Committee (FOMC) decision.
BTC/USD slipped to a low of 27,680.79 earlier in today's session, which came less than 24 hours after trading as high as 28,626.28.
Bitcoin tumbled to its recent low of around 27,600, hitting a six-day low in the process.
The decline comes when the Relative Strength Index (RSI) broke below a floor of its own at 50.00.
Tracking at 46.17, the next visible support point is at 43.00.
Bitcoin has since moved back above 28,000 and is currently trading at 28,525.91.
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