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Crypto Price Today Live: Bitcoin marches towards $24k; Polygon, BNB rise up to 12%
According to the 1-hour time frame analysis, the BTC/USDT spot market appears to be in a bullish state, with a price of $23,900 and support levels at $23,900 and $23,300. The resistance level is at $25,200 and the Relative Strength Index (RSI) is at 70, signaling an overbought market. The moving average is also above the 200-day moving average, further indicating a positive outlook," Rajagopal Menon, Vice President at WazirX, said.