Bitcoin (BTC) started the week trading marginally higher, with prices hovering near the $28,000 level. Following a bottom at $27,678.15 on Sunday, BTC/USD moved to a high of $28,178.14 earlier in today’s session. The move saw bitcoin edge towards a recent resistance point at the $28,300 mark, which was last hit on Friday. Overall, BTC has mostly consolidated on Monday, which comes as the 14-day relative strength index (RSI) collided with a ceiling at the 65.00 zone. As of writing, the index is tracking at the 64.51 level, with the next visible point of support at the 62.00 mark. Should bulls take price strength below this point, there is a strong possibility that BTC could move below $27,000.