HomeUncategorizedBTC price sees new $20K showdown — 5 things to know in Bitcoin this week By Cointelegraph

BTC price sees new $20K showdown — 5 things to know in Bitcoin this week By Cointelegraph

September 6, 2022

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BTC price sees new $20K showdown — 5 things to know in Bitcoin this week

(BTC) starts the second week of September still trying to cement $20,000 as support as the bears clinch control.

The largest cryptocurrency emerges from a sideways weekend with a weekly close almost exactly at the $20,000 mark — but that significant psychological level is already struggling.

1-week candle chart (Bitstamp). Source: TradingView
1-hour candle chart. Source: TradingView
(DXY) 1-month candle chart. Source: TradingView
Bitcoin % supply dormant for 1 year or longer chart. Source: Glassnode/ Twitter (NYSE:)
Bitcoin hodled or lost coins chart. Source: Glassnode/ Twitter
Bitcoin realized price annotated chart. Source: Whalemap/ Twitter
Crypto Fear & Greed Index (screenshot). Source: Alternative.me