Bitcoin continues to trade above $28,000 on Tuesday, maintaining its position near a two-month high. The cryptocurrency’s resilience is attributed to an unexpected 0.7% rise in U.S. retail sales for September. After a dip from Monday’s peak of $30,000 to a low of $27,855.21 yesterday, the digital currency rebounded to over $28,600 today. This marks Bitcoin’s highest rate since August 18, following a breakthrough past a pivotal resistance level of 63.00 on the Relative Strength Index (RSI) that peaked at 65.00.
