BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!

hello, welcome to this BTC/USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- Bitcoin was once again trading above the 26,000 level in today’s session, as markets prepared for the upcoming U.S. inflation report.
Following a low of 25,781.12 on Tuesday, BTC/USD rose to an intraday peak of 26,451.94 earlier in the day.
The move comes as the world’s largest cryptocurrency continued to move away from a recent three-month low.
Wednesday’s surge in price comes as the 14-day relative strength index (RSI) jumped past a ceiling of 44.00.
the index is tracking at a reading of 47.23, with the next visible point of resistance at the 50.00 mark.
If this level is reached, there is a good chance that BTC will be trading closer to 27,000.

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