Bitcoin Price Teeters Below $82K Resistance as Analysts Warn of Another Drop
Bitcoin's price has been hovering below $82,000 resistance, limiting its potential for a breakout. According to TradingView data, BTC traded near $79,826 on Sept. 6, remaining below the $82,000 resistance area.
The setup kept the price of Bitcoin inside a broad recovery range after August's advance. Analysts focused on whether buyers could reclaim $82,000 or lose nearby support around $78,500.
Kaz wrote that Sunday sessions often produce short-lived volatility before regular liquidity returns. He expected another intraday move before Monday's Asia session.