Bitcoin stalls near $80,000 as September’s choppy trading begins

  • Bitcoin remains near $80,000 as September trading turns range-bound.
  • $81,000-$82,000 holds selling pressure, while liquidity is concentrated at $75,000-$77,000.
  • Wintermute expects continued back-and-forth trading before the FOMC.

Bitcoin is hovering near $80,000 as September’s range-bound trading takes shape. Selling pressure between $81,000 and $82,000 remains unresolved, while liquidity is concentrated around $75,000-$77,000. Wintermute expects Bitcoin to continue moving within that range in the period before the FOMC (Federal Open Market Committee), the Federal Reserve’s rate-setting body. The market view was published jointly by PANews and @BITstocks_CN.

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Bitcoin stalls near $80,000 as September’s choppy trading begins - CoinPost Terminal