Bitcoin (BTC) started the week consolidating around the $28,000 level, as volatility in crypto markets remained high. Following a low of $27,607.67 earlier in today’s session, BTC/USD rose to a peak at $28,475.62 as the day progressed. The move saw bitcoin move closer to a recent resistance level at $28,500, which was broken over the weekend. Recent price consolidation comes as the 14-day relative strength index (RSI) failed to move beyond a ceiling at 65.00. As of writing, the index is tracking at 62.00, which is also a key point of support for traders.