CryptoSanders9563

BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello, welcome to this BTC /USDT 1D chart update by CRYPTOSANDERS.

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CHART ANALYSIS:-Bitcoin (BTC) prices rebounded on Friday, as markets began to prepare for the release of October’s nonfarm payrolls report.

Today’s surge sees the world’s largest token move towards a ceiling of $20,800, which was the last hit on October 30.

Since last week’s failed breakout, BTC mostly traded lower in the days that followed, with today’s rally one of the few days bullish momentum has trumped downward sentiment.

As of writing, the relative strength index (RSI) is tracking at 58.57, which is marginally below a ceiling of 59.00.

In order to reach $20,800 and above, this resistance will first need to be broken.

This is not a piece of financial advice.

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