Bitcoin Price Rejected at $80.5K as Bulls Scramble to Defend $79K
Bitcoin’s price was trading between $79,300 and $79,500 on Sept. 7 after a significant rejection from $80,537 left its short-term price action caught between fading momentum and a still-constructive daily trend. The market remains inside a $79,013-$80,537 intraday range, putting those boundaries firmly in the cards as the levels that could determine what comes next. […]
Key Takeaways
- Bitcoin’s price was trading between $79,300 and $79,500 on Sept.
- 7 after a significant rejection from $80,537 left its short-term price action caught between fading momentum and a still-constructive daily trend.
- The market remains inside a $79,013-$80,537 intraday range, putting those boundaries firmly in the cards as the levels that could determine what comes next.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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