Here we go again. Bitcoin begins the week still trying to cement $20,000 as support as the bears clinch control. (Reporting via WilliamSuberg)
Fellow trader Cheds, meanwhile,In his latest update, meanwhile, TMV Crypto“H4 RSI is bearish at the moment. loosing 19700 would take $btc to sweep Aug Lows and closer to July lows of 18777,” it read:Data from on-chain analytics resource Material Indicators, meanwhile,
On macro markets, the Federal Reserve is due to take a back seat this week with important economic data next due on Sep. 13 in the form of the Consumer Price Index print for August. As of Sept. 5, the euro is trading at its lowest against the U.S. dollar since September 2002, having passed under $0.99.The weakness comes on the back of instability in energy markets. Russia, which was due to reopen its Nord Stream 1 gas pipeline at the weekend, suddenly changed course over maintenance issues, with gas supplies now set to be suspended indefinitely.
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