Support slips from BTC bulls' grasp as "Septembear" delivers the first signs of classic downside.Bitcoin (BTC) traded below $20,000 on Sep. 3 as commodities declined on news of a G7 Russian energy ban.All down after gloomy macro week
Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800.
The largest cryptocurrency looked increasingly unable to flip $20,000 to firm support as the weekend began, and the mood among market participants was jaded.
Eyeing the 8-day exponential moving average (EMA), popular trader Cheds noted its strength as intraday resistance continuing into September.
https://cryptonews.net/11755557/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared