After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation.
This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent.
From here on out, where it trends in the near-term should depend largely on whether or not the $10,000 region is defended.
Visit here:
https://www.newsbtc.com/2020/09/05/data-long-term-bitcoin-investors-hold-steady-despite-2000-plunge/