Bitcoin Starts the Day With Dips

Market Research
Written By Guest User
Bitcoin 4hr candle chart, approximately 10:45am, 9/10/21

Bitcoin 4hr candle chart, approximately 10:45am, 9/10/21

Bitcoin continues to test lower levels of support this morning. At the time of posting BTC is trading in the low 45,000 range. On the 4hr candle chart, we’re currently seeing a slight increase in volume into a downtrend. This could mean that we may see slightly more dips before seeing a rebound. Volume will likely have to settle a bit before BTC bottoms out and continues its uptrend.

The next area of potential support is around $44k.

Guest User
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