Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Bitcoin (BTC) continued to trade around the 28,000 level on Saturday, as traders responded to podcast phenom Joe Rogan, discussing the cryptocurrency. Speaking to the founder of Openai Sam Altman, Rogan said, “That’s the one that has the most likely possibility of becoming a universal viable currency.” BTC/USD peaked at 28,252.54 following the comments, following a low of 27,215.55 during Friday’s session. the move came after the relative strength index (RSI) broke out of its own price ceiling at 61.00. price strength is now tracking at a reading of 62.25, with the next visible ceiling at the 65.00 mark. Should the index reach this point, there is a strong possibility that bitcoin will be trading above 28,500.
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