Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Bitcoin surged to a multi-month high in today’s session, as markets remained optimistic that the SEC could soon approve several spot bitcoin exchange-traded funds (ETFs).
BTC/USD surged above 30,000 as sentiment grew, reaching 30,104.09 earlier today.
This comes following a low of 28,449.96 on Thursday, with today’s peak the strongest point Bitcoin has hit since July 23.
the breakout of a ceiling at 69.00 on the relative strength index (RSI) also contributed to the gains.
price strength is now at 71.14, which is in overbought territory.
There has also been some slight profit-taking in the market, with bitcoin now trading at 29,475.77.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Chart Analysis:- Bitcoin surged to a multi-month high in today’s session, as markets remained optimistic that the SEC could soon approve several spot bitcoin exchange-traded funds (ETFs).
BTC/USD surged above 30,000 as sentiment grew, reaching 30,104.09 earlier today.
This comes following a low of 28,449.96 on Thursday, with today’s peak the strongest point Bitcoin has hit since July 23.
the breakout of a ceiling at 69.00 on the relative strength index (RSI) also contributed to the gains.
price strength is now at 71.14, which is in overbought territory.
There has also been some slight profit-taking in the market, with bitcoin now trading at 29,475.77.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
