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Bitcoin's $82,000 test is coming as one major market signal turns bullish

Bitcoin's $82,000 test is coming as one major market signal turns bullish

Bullish
BTC
Invezz

Bitcoin entered September in a consolidation phase after gaining approximately 23% over the last two weeks. The cryptocurrency briefly traded above $81,000 before retreating below $77,000, but analysts say its broader market structure remains relatively healthy. Bitcoin is trading at $76,990 at the time of writing, down 1.4% over the previous 24 hours. Bitcoin spot trading volume falls 35% K33 reported on Tuesday that Bitcoin's average daily spot trading volume declined 35% over the past week to $3.1 billion. The drop followed an unusually active period during Bitcoin's two-week rally. Despite the weekly decline, trading activity remains significantly stronger than it was before the breakout. https://twitter.

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The original article is written in English.