BTC stalls below $24,000, ahead of major U.S. economic data.
) has largely been in consolidation in today’s session, as markets prepare for a big week of U.S. economic activity data./USD rose to an intraday high of $23,654.37 earlier in today’s session.
The move comes as bitcoin bulls continued to climb higher, following a breakout of the $23,000 level on Saturday.Since reaching the day’s peak, prices have somewhat slipped, with the world’s largest cryptocurrency currently trading at $23,408.54. This appears to come as the 14-day relative strength index failed to break out of a resistance level of 53.00
As of writing, the index is currently tracking at a reading of 51.95, with the next visible point of support at 50.00.
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