hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin was trading marginally lower on Thursday, as the cryptocurrency moved below a key point of support. BTC/USD bottomed out at 25,404.36 earlier in the day, less than 24 hours after peaking at 25,953.02. The decline saw Bitcoin fall under a price floor of 25,600 before bulls intervened to send the cryptocurrency higher. BTC is now trading at 25,701.34, which sees its price below 26,000 for a third straight day. Although sentiment has been mostly bearish, price stability has largely remained, with traders so far avoiding a drop under 25,000. This could be tested as we head towards next week, with several key economic announcements set to be released in the United States.
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