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BTC price faces new $20k showdown - 5 things you need to know about bitcoin this week

BTC price faces new $20k showdown – 5 things you need to know about bitcoin this week

Bitcoin (BTC) started the second week of September, still trying to consolidate $20,000 as support, as bears took control. The largest cryptocurrency came on a sideways weekend with a weekly close almost right at the $20,000 mark — but that important psychological level is already struggling. Expectations this month are already leaning toward further declines …

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Bitcoin price below $20k threatens 20-month low monthly close

Bitcoin price below $20k threatens 20-month low monthly close

Bitcoin (BTC) looks set to equal its lowest monthly close since 2020 on Aug. 28 as bulls fail to take control. BTC/USD 1 hour candle chart (Bitstamp). Source: TradingView Increased odds of deeper dives below $20,00 Data from Cointelegraph Markets Pro and TradingView shows BTC/USD criss-crossing $20,000 in the hours leading up to the completion …

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